On June 25, Sunny Optical Technology (02382), a company listed in Hong Kong, made an announcement stating that its board of directors had given the green light to a capital increase initiative. This plan is set to come into effect once the pertinent proposals have undergone review and received approval from the shareholders' meeting of Goertek (002241). Subsequently, Ningbo Aolai, a subsidiary under the umbrella of Sunny Optical, will collaborate with Goertek to enter into a capital increase subscription agreement with Goertek Optics. Under this agreement, both entities will infuse 500 million yuan each into Goertek Optics. Upon the completion of the capital increase, Ningbo Aolai's stake in Goertek Optics will ascend to 33.27%, thereby establishing it as the second-largest shareholder of the company. The primary objective of this capital injection is to capitalize on the burgeoning development prospects within the precision optics sector during the AI era, and to bolster Goertek Optics' competitive edge in key areas such as optical waveguides and other wafer-level micro-nano optical devices (particularly those utilized in AI and AR products).
