Changes in Hong Kong stocks | Botai Auto Union (02889) rose more than 9% in the intraday period, the company plans to acquire about 70% of Chengdu Mingyi's shares and forward-looking layout of the automotive optical communication circuit

The Zhitong Finance App learned that Botai Auto Union (02889) rose more than 9% in the intraday period. As of press release, it had risen 7.47% to HK$16.9.8, with a turnover of HK$152 million.

According to the news, Botai Auto Union announced the acquisition of about 70% of Chengdu Mingyi's shares. According to reports, Chengdu Mingyi is one of the few domestic enterprises that can mass-produce single-channel 100GTIA electronic chips. Used in 400G/800G optical modules, it has the potential to completely replace leading international communication chips. Its RF front-end chip performance index is in a leading position in the industry against leading international manufacturers. The company's acquisition of Chengdu Mingyi can fully enjoy the industry dividends of high demand for optical communication and electronic chips and domestic substitution.

The Zhitong Finance App points out in “When Cars Meet “Light”: A Dark Layout of AI Infrastructure Behind Botai Auto Union's (02889) Acquisition” that the core of Botai Auto Union's “soft and hard core cloud” strategy is to establish technical barriers in fields such as smart cockpits, in-vehicle AI agents, and physical AI world models. And the evolution of these scenarios — from L4 autonomous driving, from voice interaction to multi-modal real-time sensing — is driving explosive growth in demand for in-vehicle data transmission. As the data throughput of a smart car begins to match that of a small data center, the migration of optical communication technology from AI servers to in-vehicle scenarios is “sooner or later.”