On June 1, Sound Hitek unveiled its strategic move to acquire a 51% controlling interest in Wuhan CAS Optics Optoelectronic Technology Co., Ltd., for a cash consideration of 250.92 million RMB. Upon completion of the transaction, CAS Optics is set to become a subsidiary under Sound Hitek's control. This acquisition is poised to propel Sound Hitek's industrial advancement and transformation, enabling a swift entry into the specialized optoelectronics sector. This sector is characterized by its high growth prospects and substantial technological barriers, thus paving the way for Sound Hitek to achieve industrial restructuring and pursue high-caliber development. CAS Optics has established itself as a seasoned player in the realm of specialized optical devices and modules, with its flagship products and technologies finding widespread applications in national strategic emerging sectors, including laser sensing and quantum technology.