Fujian Dongbai Group Co LtdDongbai Group's subsidiary will acquire a 52.6667% stake in Kuailing Optoelectronics for 316 million yuan, consolidating the target into its financial statements.

Dongbai Group announced on October 11 that its wholly owned subsidiary Fujian Dongbai Chuangzhi Investment Co., Ltd. plans to acquire a 52.6667% equity stake held by relevant shareholders of Hangzhou Kuailing Optoelectronics Technology Co., Ltd., with a tentative equity transfer price of 316 million yuan. Upon completion of the transaction, Kuailing Optoelectronics and its wholly owned subsidiary Zhejiang Guangte Technology Co., Ltd. will be consolidated into the company's financial statements. The announcement shows that the target company's operating revenue for 2025 and the first eight months of 2026 was 39.76 million yuan and 34.87 million yuan respectively, while net profit was negative 15.07 million yuan and negative 2.52 million yuan respectively, indicating a relatively small revenue scale and no profitability yet. The target company is mainly engaged in the research, development, production and sales of photodetector chips, belonging to a technology-intensive industry characterized by high investment and long cycles. The appraisal value-added rate for this transaction is 764.35%, with the book value of all shareholders' equity of the target company at 70.77 million yuan and an appraised value of 612 million yuan. In the first half of 2026, Dongbai Group achieved revenue of 944 million yuan and net profit attributable to the parent company of 74.73 million yuan.
Fujian Dongbai Group Co LtdDongbai Group's subsidiary will acquire a 52.6667% stake in Kuailing Optoelectronics for 316 million yuan, consolidating the target into its financial statements.
Kuailing Optoelectronics is the acquisition target, with a 764.35% appraisal value-added rate despite negative net profit and small revenue scale.
Fujian Dongbai Chuangzhi Investment, Dongbai Group's wholly owned subsidiary, plans to acquire the 52.6667% stake in Kuailing Optoelectronics.
Zhejiang Guangte Technology, a wholly owned subsidiary of Kuailing Optoelectronics, will be consolidated into Dongbai Group's financial statements upon completion of the acquisition.