this random Chinese landscape design firm called Hui Lyu Ecological Technology Groups ($001267) acquired optical transceiver maker Tri-light Wuhan Electronics Technology in 2024 for $29 million. since then, Hui Lyu's shares are up 1,600% and the landscape design firm's founder became a billionaire lol
article says Coherent is a customer of Tri-light
Tri-light agreed to be acquired by the landscape design firm back then cause of capital needed for production expansion