Recently, Hengtong Optoelectronics announced that the 33rd meeting of the sixth session of the Board of Directors was held on December 4, 2017 by way of voting by correspondence. The meeting reviewed and approved the proposal of "planning to invest in the construction of optical fiber and cable plant in India".
According to the announcement, Hengtong Optoelectronics intends to jointly invest in the construction of optical fiber and cable plant in India with Aberdare Europe Holding Co., Ltd. (hereinafter referred to as 'Aberdare Europe'), a wholly owned subsidiary. The registered capital of the new company is 20 million U.S. dollars. Capital contribution of 1 million US dollars, accounting for 5% of the new company investment ratio, Aberdour Europe invested 19 million US dollars in currency, accounting for 95% of the new company investment ratio.
Looked at the world map to do business, go along the 'Belt and Road', in recent years prosperous international layout continues to accelerate. Hengtong has been established in overseas R & D 7 industrial base in the world set up more than 30 countries and regions marketing technical service points The company, which registered overseas trademarks in 119 countries and operates in more than 130 countries, has accounted for 15% of the global market for its fiber optic network products and won the voice of China in the world of fiber optic Internet.
Future, prosperous will be based on '3 2' (both international and domestic markets, both domestic and international resources, both domestic and international capital), accelerate the 'four major transformation' (production of R & D enterprises to innovative and creative enterprises in transition, products The transformation of suppliers into integrated service providers in the entire value chain, the transformation of manufacturing enterprises into platform-based service enterprises and the transformation of local enterprises into international ones), continued to accelerate the globalization of operations and industrial layout, and made progress toward first-class international enterprises.