Tongding Interconnection Information (SHE:002491) completed the registration for two new companies in Shaoguan's Qujiang District in Guangdong, China.
Tongding Optical Shaoguan, with 800 million yuan in registered capital, and Tongding Information Communication Shaoguan, with 100 million yuan in capital, will produce 600 tons of fiber preform and 20 million core-kilometers of optical fiber annually, according to a Friday filing with the Shenzhen bourse.
Shares of the industrial automation equipment manufacturer closed 5% in recent trade.