On December 1, Union Opto (300691.SZ) disclosed its plan to purchase 100% of the equity held by 11 shareholders of Changyi Opto. This acquisition will be executed through a share issuance, with the transaction value set at 260 million yuan. Following the completion of this deal, Union Opto will own all the shares of Changyi Opto and intends to raise supplementary funds of no more than 200 million yuan. Changyi Opto is a company dedicated to the research, development, manufacturing, and marketing of optical lenses and precision optical components. Its primary product offerings encompass mobile phone lenses, panoramic security lenses, among others. The company's clientele includes renowned industry players such as Sunny Optical.
