Fujian Provincial State-owned Assets Management Co., Ltd signed a Share Transfer Agreement to acquire 12.18% stake in Fujian Forecam Optics Co., Ltd. from Fujian Electronics & Information Co.,Ltd for approximately CNY 410 million.
December 07, 2023
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Fujian Provincial State-owned Assets Management Co., Ltd signed a Share Transfer Agreement to acquire 12.18% stake in Fujian Forecam Optics Co., Ltd. (SHSE:688010) from Fujian Electronics & Information (Group) Co.,Ltd for approximately CNY 410 million on December 5, 2023.
Fujian Forecam Optics Co Ltd is a China-based company mainly engaged in the manufacture of special and civil optical lenses and optoelectronic systems. The Company's main products are classified into two series: custom products and non-custom products. Custom products mainly include special optical lenses and optoelectronic systems, which are mainly used in aerospace missions and sophisticated equipment, serving customers such as Chinese Academy of Sciences, research institutions and enterprises affiliated to military industrial groups. Non-custom products mainly include laser, ultraviolet, visible light and infrared series full-spectrum lenses such as closed-circuit television (CCTV) lenses, automobile lenses, infrared lenses, and machine vision lenses, which are mainly used in the fields of safe city, smart city, Internet of things, Internet of vehicles, and intelligent manufacturing.
Fujian Provincial State-owned Assets Management Co., Ltd signed a Share Transfer Agreement to acquire 12.18% stake in Fujian Forecam Optics Co., Ltd. from Fujian Electronics & Information Co.,Ltd for approximately CNY 410 million.