Harbin Venture Capital Group Co., Ltd. agreed to acquire a 6.51% stake in Aurora Optoelectronics Co.,Ltd. from Harbin Industrial University Industrial Development Corporation.

AURORA OPTOELECTRONICS CO., LTD, formerly SOUTHWEST PHARMACEUTICAL CO., LTD., is a China-based company, principally engaged in the research and development, manufacture and distribution of sapphire crystal materials, sapphire crystal growth equipment and sapphire products. The Company is also engaged in the research and development, manufacture and distribution of precision machining equipment for hard and brittle materials and three dimensional (3D) glass hot bending equipment. The Company conducts its businesses within domestic markets and Hongkong, Macao and Taiwan.