Teles Optics acquires Fengmei Optics to accelerate its entry into the OEM market

Teles Optics' successful wholly-owned acquisition of Fengmei Optics provides an important guarantee for the company's expansion in the automotive OEM market. Fengmei Optics' optical products have been widely used in many mainstream well-known terminal car companies, such as BYD, SAIC, FAW, GAC, Dongfeng, Changan Great Wall Motors, etc. The company's many AVM 3M and CMS 3M products have successfully entered many leading automotive Tier 1 and terminal core supply chains. In particular, the independently developed OMS 5M and ADAS 8M products have received widespread attention from the market and users, with orders growing rapidly, and have entered the full mass production and delivery stage. This acquisition makes Teles Optics more competitive in the OEM market, especially in product lines such as HUD optical modules, projection and LiDAR transceiver lenses.