Yifei Laser (688646.SH) plans to acquire 100% of the shares of optical module packaging and automation coupling equipment manufacturer Xing Qihang for 400 million yuan

Zhitong Finance App News, Yifei Laser (688646.SH) announced that the company plans to acquire 100% of the total shares of Shenzhen Xingqihang Automation Equipment Co., Ltd. (“Xing Qihang”) held by 4 counterparties including Ren Xuedong in cash at a transaction price of 400 million yuan. After the transaction is completed, Xing Qihang will become a wholly-owned subsidiary of the company and will be included in the scope of the company's consolidated statements.

According to reports, Xing Qihang has been deeply involved in the field of optical module packaging and automated coupling equipment for more than ten years. The products cover all types of coupling equipment such as TO-CAN, COB, BOX (Lens), FA optical fiber arrays, etc., covering all process paths such as laser welding, UV UV curing, heat curing, etc., and extend to cutting-edge fields such as CPO co-packaging equipment and high-speed coupling equipment above 1.6T to provide professional solutions for the world's leading optical module customers.

According to the announcement, this transaction is an industrial collaborative merger and acquisition of the company based on the core capabilities of lasers and intelligent equipment. The company will deepen its business layout in the field of optical communication equipment, enrich the company's product system, further explore the application prospects of laser processing technology in the field of AI computing power and optical communication, and help the company achieve a strategic upgrade from a single field of advantage to diversified intelligent equipment platforms.