NextFin News -- Optowide Technologies has announced that the company intends to invest 35 million yuan to establish a wholly-owned subsidiary, OptoWide Optical Communication Technology (Zhengzhou) Co., Ltd. This subsidiary will be responsible for implementing the "Optoelectronic Component Manufacturing Base Project." This investment aims to help the company seize strategic opportunities arising from the rapid development of the optical communication industry, enhance the order fulfillment capacity of passive optical components, and meet the product demands of diverse optical interconnection forms such as high-speed optical modules, OCS, and CPO. (Note: 1 U.S. dollar equals 6.9 Chinese yuan.)