Qin'an Shares (603758.SH) has unveiled its intention to acquire a 99% equity interest in Anhui Yigao Optoelectronics Technology Co., Ltd. for a cash consideration of 885 million yuan. This acquisition will be carried out through its wholly-owned subsidiary, Chongqing Luling Shanxi Enterprise Management Co., Ltd. Once the transaction is finalized, Yigao Optoelectronics will transform into a subsidiary under the control of Qin'an Shares and will be integrated into the latter's consolidated financial statements.

The target company, Yigao Optoelectronics, holds a prominent position in the realm of high-end vacuum coating technology. Its superhard coatings find applications in the consumer electronics industry, while its AR (Augmented Reality) coatings are utilized in the onboard display systems of intelligent vehicles.

Furthermore, the transaction encompasses performance commitments. The promising party (commitment party) has pledged that the cumulative net profit of the target company over the three-year period from 2025 to 2027 will not fall below 240 million yuan.