Core Viewpoint - The arbitration ruling has resolved a long-standing dispute for the company, allowing it to focus on its core business and technological advancements [1][2]. Group 1: Arbitration Outcome - The company and its Hong Kong subsidiary are required to pay a total of $12.69 million to GDC, while GDC must pay $1.98 million plus accrued interest to the company [1]. - The initial claim from GDC was $38 million, which was significantly reduced after the arbitration process [1]. - The arbitration stemmed from a dispute regarding the execution of a settlement agreement related to a compensation plan from 2021 [1]. Group 2: Business Focus and Future Plans - With the arbitration conclusion, the company can now concentrate on its core technology and business development [2]. - The company is actively expanding into AR and robotics applications [2]. - The company plans to showcase its technological advancements at the 26th China International Optoelectronic Expo from September 10 to 12 [2].
仲裁事项落定!光峰科技首秀光博会,AR创新成果引期待