Zhejiang Crystal-Optech to Buy Optical Coating Equipment for 336 Million Yen From Optorun; Shares Up 2%

MT Newswires Live

09/08

Zhejiang Crystal-Optech (SHE:002273) plans to purchase optical coating equipment from its associate Optorun (TYO:6235) for 336 million Japanese yen, according to a Shenzhen bourse filing on Saturday.

The Chinese optics and optoelectronics manufacturer's shares rose less than 2% during Monday's afternoon trade.

Zhejiang Crystal-Optech owns 16.3% of the Japanese manufacturer of vacuum deposition products.

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