Kale Co., Ltd. plans to acquire at least 51% equity stake in Wetaisi Optoelectronics.

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Beijing Business Today(Reporter Wang Manlei)On the evening of April 7, Kaile Co., Ltd. (301070) disclosed an announcement stating that the company plans to increase capital and use cash to acquire the equity interests of some of its shareholders through Fujian WeitaiSi Optoelectronics Co., Ltd. (hereinafter referred to as “WeitaiSi Optoelectronics”), thereby obtaining no less than 51% of the target company’s equity.

According to the announcement, WeitaiSi Optoelectronics’ principal business is the R&D, manufacturing, and sales of precision optical components, providing customers with a one-stop solution covering “R&D—design—manufacturing—testing” for high-precision optical elements, high-precision optical lenses, and high-power laser components. This transaction does not constitute a related-party transaction; based on preliminary calculations, this transaction is not expected to constitute a “significant asset reorganization” as defined in the “Measures for the Administration of Major Asset Reorganizations of Listed Companies.”

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