3S PHOTONICS was purchased through a joint offer of Advance Photonics Investments Limited and O-Net Communications (Group) Limited, and renamed the company as 3SP Technologies. On the same day Advance Photonics Investments Limited entered into a management contract with O-Net for the daily management of 3SP Technologies. O-Net, listed on the Stock Exchange of Hong Kong, is a leading supplier of passive optical networking subcomponents, components, modules and subsystems used in high-speed telecommunications and data communications network systems.