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Juguang Technology: Subsidiary Signs $13 Million Technology Licensing Agreement

MarsBitNews
Mars Finance News, Juguang Technology announced that its wholly-owned subsidiary, Swiss Juguang, plans to sign a technology licensing agreement with a globally leading semiconductor foundry company (client code AH), to license technologies related to micro-prism lens arrays and vertical optical couplers. The one-time technology licensing fee totals $13 million, plus licensing product royalty fees. The agreement is valid from the date of signing until termination as agreed. This transaction is subject to approval by the company's shareholders' meeting and is expected to have a positive impact on the company's current and future annual operating performance.
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