Gelonghui, March 19丨Changguang Huaxin (688048.SH) announced that in order to further broaden the company's product application areas, enhance the company's comprehensive strength and market competitiveness, and accelerate the transformation and implementation of scientific and technological achievements, the company's wholly-owned subsidiary research institute plans to cooperate with natural persons Mr. Kan Qiang, Wuhan Gaoyue Technology Co., Ltd. (hereinafter referred to as “Gaoyue Technology”), and Suzhou Danfeng Venture Capital Partnership (limited partnership) (hereinafter referred to as “Shanfeng Venture”) to jointly invest in the establishment of Suzhou Danfeng Photonics Technology Co., Ltd. (tentative name) (Departmental review, hereinafter referred to as “Single Peak Photon”) to jointly promote the development of laser sensing and precision measurement chip technology and its industrialization in industrial, medical, quantum and other fields. The total registered capital of Shanfeng Photonics is 5 million yuan, of which the research institute plans to invest 1.25 million yuan to hold 25% of the shares of Shanfeng Photonics.