On October 9, Sunny Optical Technology (02382.HK) released an Announcement (the term "Announcement" is retained here to preserve the original HTML formatting, though it directly translates to "announcement" in English) stating that it had entered into a memorandum of understanding with Goertek Inc. and Goertek Optics. As per the memorandum, following the trading session on October 9, 2025, Sunny Optical Technology and its subsidiaries—namely, Sunny Optical Zhejiang, Ningbo Sunny AO, Ningbo Sunny Cheng, Ningbo Aolai, and Shanghai Aolai—will enter into a share-swap merger agreement with Goertek Inc. and Goertek Optics.

The agreement outlines that Ningbo Aolai (which includes Ningbo Sunny AO and Ningbo Sunny Cheng) will transfer its entire equity stake in Shanghai Aolai to Goertek Optics for a consideration of approximately RMB 1.90333 billion. In return, Ningbo Aolai will acquire newly issued registered capital in Goertek Optics, valued at approximately RMB 529.51 million. Under the proposed share-swap merger agreement, the restructuring will be carried out by Ningbo Aolai and Shanghai Aolai, with Ningbo Sunny AO and Ningbo Sunny Cheng subscribing to equity in Shanghai Aolai to elevate its net asset value to RMB 1 billion. Upon completion of the transaction, Goertek Optics will be rebranded as Goertek Aolai Optical Technology Co., Ltd.