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Chung Yang Group: Announcement by subsidiary Dongguan Jingcai Optical Co., Ltd. regarding the board of directors' approval of the investment in Dongguan Baohao Precision Industry Co., Ltd.

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Dongguan Jingcai Optical Co., Ltd., a subsidiary of Chung Yang Group, has decided to invest in Dongguan Baohao Precision Industry Co., Ltd. for strategic development. Chairman Li Rongzhou is fully authorized to handle related matters.

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