On June 2, PATEO made public its intention to sign a memorandum of understanding regarding share acquisition with Ping An Capital, the funds under its management, the de facto controller and shareholders of the target entity, as well as the target company itself. The strategy involves purchasing shares of the target company with cash to secure a controlling interest. Specializing in the research and development of high-performance communication chips, the target company adopts the Fabless operational model. Its primary activities encompass the research and development, design, and marketing of high-speed optoelectronic chips, high-performance analog chips, and related modules. Notably, its optoelectronic chip offerings stand as a pivotal component within the optical modules utilized in AI data centers. For the fiscal year concluding on December 31, 2025, the core business revenue of the target company is projected to reach approximately RMB 310 million. This acquisition is poised to propel PATEO's strategic foray into the upstream chip industry, fortify its comprehensive 'software-hardware-chip-cloud' strategy, and cultivate a diversified industrial framework that integrates 'intelligent automotive solutions + high-performance communication chips'.