Zhongshan Torch Public Asset Management Group, Zhongshan Investment Holdings Group and Union Optech Co have recently inked a strategic pact to channel state capital into the optoelectronic sector, boosting Zhongshan's "Optics Valley of GBA" development.
Zhongshan's Torch High-Tech Zone is now home to nearly 200 marquee firms including Union Optech, with industrial output from above-scale enterprises surpassing 60 billion yuan. In the first half of 2025, its optoelectronic sector saw 13.1% year-on-year value-added growth, with over 60% of firms reporting expansion.
Per the agreement, a dedicated fund will be launched to boost Union Optech's market cap, solidify its status as an industrial chain leader, and elevate regional competitiveness. The trio will co-invest in high-potential projects, recruit top-tier talent, and integrate elite research institutes, labs and core tech R&D hubs.