Visionox Technology (SHE:002387) and its subsidiary, Yungu (Gu'an) Technology, proposed to enter into a technology license agreement with investee Hefei Visionox Technology, according to a Friday filing on the Shenzhen bourse.
All parties agreed that the technology fee will be 300 million yuan.
Hefei Visionox will provide the Chinese electronic component manufacturer and Gu'an Yungu with licenses for AMOLED patents and proprietary technologies.