Suzhou Dongshan Precision Manufacturing Co., Ltd. (hereinafter referred to as “Company” or “Company”) held the 20th meeting of the second board of directors on December 14, 2012, and reviewed and approved the “Proposal on Investment in Establishing a Holding Subsidiary” Dongshan Precision Co., Ltd. and Suzhou Juzhuang Investment Management Co., Ltd. (hereinafter referred to as “Juzhuang Investment”) jointly established Suzhou Dongxian Optoelectronics Technology Co., Ltd. (hereinafter referred to as “Dongxian Optoelectronics”, the temporary name, which is subject to the approval of industry and commerce). Dongxian Optoelectronics registered capital of 20 million yuan, of which the company invested 16 million yuan, accounting for 80% of the registered capital, and Juzhuang Investment invested 4 million yuan, accounting for 20% of the registered capital.

The new company's business scope includes: production and sales of light guide plates for liquid crystal display and related components, light guide plates for energy-saving lighting.

As the company continues to penetrate and deepen in the domestic TV market, the company hopes to provide customers with one-stop products with "LED backlight module" as the core to better serve customers and ensure the company's business. Rapid development and improve the company's profitability. Dongshan Precision said that this foreign investment will have a positive impact on the company's future financial status and operating results.

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