Wconn Electronics (301328.SZ) has declared its intention to acquire a 36.25% equity interest in Dongguan Weitai Precision Technology Co., Ltd. This stake is currently held by its affiliated entity, Xinrui Partnership. The acquisition will be carried out for a nominal sum of RMB 1. Furthermore, Wconn Electronics will undertake the responsibility of contributing RMB 25 million in registered capital that corresponds to this stake. Prior to this transaction, Wconn Electronics already possessed a 7.25% stake in Weitai Precision. Post-transaction, its ownership will surge to 43.50%, thereby establishing it as the largest shareholder of Weitai Precision. Weitai Precision has amassed significant technological expertise in the realm of high-speed communication connectors, with a particular emphasis on high-speed mezzanine connectors, PCIe slot connectors, and other high-speed board-end connectors. Its products find primary application in servers, data centers, and other sectors that demand stringent high-speed signal transmission. This business focus aligns closely with Wconn Electronics' emerging business strategy.