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On December 30, SEGA Technology revealed its strategic move to acquire a 20% stake in Glory Chipstar, a company specializing in optical communication, through a combination of capital injection and equity transfer, at a total cost of 275 million yuan. Furthermore, SEGA Technology expressed its ambition to potentially increase its controlling stake in Glory Chipstar down the line. Specifically, out of the total investment, 275 million yuan will be channeled into a capital increase, enabling SEGA Technology to obtain a 13.2066% equity share. Additionally, a nominal sum of 1 yuan will be utilized to purchase a 6.7934% stake directly from the founding shareholders. Glory Chipstar, renowned for its expertise in the optical communication arena, offers a comprehensive product line spanning from 100G to 1.6T series optical modules.
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