On August 17th, Daheng Technology unveiled its plan to allocate RMB 110 million from its internal reserves to purchase a 5% equity stake in Zhongshi Optoelectronics (Shishi) Co., Ltd. This stake, currently owned by Zhejiang Yueling Co., Ltd., corresponds to a registered capital contribution of RMB 12.0618 million. Upon completion of the transaction, Daheng Technology will officially become a 5% shareholder in Zhongshi Optoelectronics. Notably, this investment falls outside the purview of related-party transactions or significant asset restructuring, thereby negating the need for endorsement from either the board of directors or a shareholders' meeting. Daheng Technology's strategic move is aimed at penetrating the optoelectronic chip market, capitalizing on its extensive expertise in industrial machine vision technology and Zhongshi Optoelectronics' cutting-edge research and development prowess in the optical communication sphere.