Ulan Lithium: Investing $83.88 million in LED projects in Malaysia.
Blue Lithium Battery Announcement: A holding subsidiary, Huai'an Aoyang Shunchang Optoelectronic Technology Co., Ltd., is investing in an LED project in Malaysia. The total investment for the project is 83.88 million US dollars, and it involves the construction of a new LED CSP project. Once the project is completed and reaches full production capacity, it is expected to have a monthly production capacity of 700KK chip die sorting and CSP chip packaging. The funds needed for this project investment are planned to be resolved through self-financing.
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