Rifeng Co., Ltd. announced that the company plans to invest in the construction of an annual output of 300 tons of prefabricated optical fiber rods and a 10 million core kilometer optical fiber project, with the wholly-owned subsidiary Rifeng New Materials as the main implementing entity and Rifeng Optoelectronics as the main operator. At present, both subsidiaries have completed industrial and commercial registration and obtained business licenses issued by the Heshan Market Supervision Administration. Among them, Rifeng New Materials has a registered capital of 200 million yuan and Rifeng Optoelectronics has a registered capital of 350 million yuan. The legal representatives are Feng Jintao. The project has obtained the Guangdong Enterprise Investment Project Registration Certificate. Early preparations are progressing in an orderly manner. Subsequent approval procedures such as infrastructure and EIA still need to be completed, and there is uncertainty about the construction of the project.

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