Shanghai Conant Optical Expands with Land Acquisition in Thailand

Shanghai Conant Optical Co. Ltd. Class H (HK:2276) has released an update.

Shanghai Conant Optical Co., Ltd. has announced the acquisition of a new piece of land in a technological industrial park in Thailand, valued at approximately THB240 million. The company plans to construct a production plant on the site to establish automated production lines for its XR product lenses. This strategic move aligns with the company’s market needs and expansion plans.

For further insights into HK:2276 stock, check out TipRanks’ Stock Analysis page.