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CEE to set up subsidiary for flexible printed circuit board component project

On the evening of 9 September, China Eagle Electronic Technology Inc. (CEE) announced that its wholly-owned subsidiary Zhuhai Topsun Electronic Technology Co., Ltd. planned to set up a subsidiary for the operation of new-type display flexible printed circuit board component project. The planned investment for the project totaled RMB200 million (USD29.28 million).

According to CEE, the investment would deepen the business cooperation between its subsidiary Zhuhai Topsun Electronic Technology and clients, strengthen the company's competitiveness in new-type display application field and further expand its products' depth and range in emerging application markets.