Sega Technology (002796.SZ) plans to acquire 20% of optical module company Guangcai Xinchen's shares for 275 million yuan

According to Zhitong Finance App, Sega Technology (002796.SZ) announced that the company plans to acquire a total 20% equity interest in Guangcai Xinchen (Zhejiang) Technology Co., Ltd. (“Guangcai Xinchen”) through capital increase and share expansion and the transfer of part of the shares of the founding shareholder Jiaxing Hetong Intelligent Technology Partnership (“Jiaxing HeTong”). The consideration for this transaction is 275 million yuan. On the basis of completing this transaction, based on optimism about the optical communications industry and recognition of the target company, the company plans to further increase investment in the target company and ultimately achieve control of the target company through share acquisitions, etc.

According to reports, Israel Color Chip, a wholly-owned subsidiary of the target company, is one of the earliest optical module companies in the world. It has original SOG (System on Glass) optical path integration core technology. It has lower BOM costs and power consumption in some product lines, higher product gross margin, and a high degree of production line automation, making it easier to expand production; the product matrix covers 100G to 800G and 1.6T series optical module products. The target company's main customers are all located in the North American market, and the main revenue comes from overseas.