Guangdong Hongjing Optoelectronic Technology Inc recently unveiled a 1.533-billion-yuan investment plan to establish an R&D and manufacturing hub, with 750 million yuan for fixed assets. The initial phase includes 150 million yuan allocated for this year's construction.

The company has signed a cooperation framework with Zhongshan Torch Industries Group, targeting a 75-mu (5 hectares) site in Zhongshan for the project.

A recent entrant to ChiNext since March, Hongjing aims to enhance competitiveness, optimize industrial layout and lay foundations for sustainable growth through this strategic headquarters development.