Shanghai Conant Optical (HKG:2276) has entered into framework agreements with multinational consumer electronics companies to provide them with customized lenses with customized parameters, a Monday filing with the Hong Kong Exchange said.
The company also established an extended reality research and development service center to help the company in the potential precision optics business including virtual reality, mixed reality, and augmented reality.
The optics company's shares closed over 23% lower on Monday.
Price (HKD): $13.90, Change: $-0.34, Percent Change: -2.39%
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