Wavelength Optoelectronics: Company and Chairman Among Those Indicted for Suspected Smuggling of Goods Prohibited from Import or Export

36Kr reports that Wavelength Optoelectronics announced it received an indictment from the Third Branch of the Shanghai People's Procuratorate. The company, its chairman Huang Shengdi, and three others have been prosecuted for suspected smuggling of goods prohibited from import or export. The case involves a value of 20.1085 million yuan and occurred between August 2023 and April 2025. The company stated that the litigation is not expected to have a major impact on its ongoing operations, production and business activities are normal, and the final judgment remains uncertain.