Crystal-Optech announced its intention to acquire a 95.6% stake in
Guangdong VisionX-Tech Technology Co., Ltd. for CNY 323.5 million. Upon
completion of the transaction, Crystal-Optech will directly hold 95.6% of VisionX-
Tech’s equity, while indirectly owning an additional 2% through a wholly-owned
subsidiary. VisionX-Tech will thus become a controlling subsidiary of the company.
Crystal-Optech emphasized that AR/VR has been identified as the primary strategic
focus for its future development. With 3D imaging and spatial perception earmarked
as key areas within its AR/VR initiatives, the acquisition of VisionX-Tech’s equity is
seen as a critical step in strengthening the company’s capabilities and competitive
advantage in the field of spatial perception. This move is expected to enhance
Crystal-Optech’s standing as a global one-stop provider of optical solutions for its
major enterprise clients.
Crystal-Optech is a well-known domestic manufacturer of optoelectronic
components, with over twenty years of specialization in the optical sector. Its product
portfolio is centered around three major application scenarios: consumer electronics,
automotive optoelectronics, and the metaverse. The company has established five
primary business segments, including optical components, thin-film optical panels,
semiconductor optics, automotive electronics (AR+), and reflective materials.
Founded in September 2020, VisionX-Tech primarily focuses on the research,
development, production, and sale of 3D visual perception products. Its products find
applications in various industries, such as financial payment systems, smart home
technology, robotics, security, smartphones, tablets, laptops, automotive electronics,
and AR/VR.
Comments