Shanghai Conant Optical (HKG:2276) plans to invest $4 million in the construction of an automated RX resin lens production line through its Japanese unit Asahi Lite Optical, a Monday Hong Kong bourse filing said.
The move aims to deepen the company's global strategic deployment and boost the production capacity of customized lenses, according to the optics firm.
The construction is expected to be completed and put into operation by July 31. Annual production capacity after the first production phase is expected to increase by 20%.
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