Crystal Optoelectronics plans to spend 45 million yuan to purchase land in Taizhou for expansion

On July 2, Zhejiang Crystal Optoelectronics Technology Co., Ltd. announced that the company intends to bid for 47,419 square meters of land use rights in Jiaojiang District, Taizhou City, using the type of transfer, with a transfer period of 50 years. The total investment in the purchase of land will not exceed 45 million yuan, and all the purchase funds will be self-owned funds. The land use right will be used as a land reserve for the company's expansion project.

According to Crystal Optoelectronics, according to the needs of the company's development strategy, the purchase of land use rights will provide land resources for the company's expansion and long-term development, solve the company's planned development and development of the site, and provide necessary protection for the company's future development.

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