Huacan Optoelectronics Hong Kong subsidiary completed registration

Huacan Optoelectronics (300323) announced on October 8 that the 27th meeting of the first board of directors of Huacan Optoelectronics held on March 14, 2014 reviewed and approved the "Proposal on Establishing Overseas Subsidiaries". The company plans to invest RMB 25 million or the equivalent in foreign currency to establish an overseas wholly-owned subsidiary in Hong Kong. 　 Recently, with the approval of relevant domestic and Hong Kong authorities, the company’s wholly-owned subsidiary established in Hong Kong has completed registration and all investment procedures, and the specific information will now be announced.