Bestsun Energy (600681.SH) subsidiary intends to invest 215 million yuan to acquire 22.86% equity stake in Xi'an Zhongke Optoelectronics.

Bestsun Energy (600681.SH) announced that its wholly-owned subsidiary, Baichuan Enterprise Management Co., Ltd. (referred to as "Baichuan Management"), intends to invest a total of 215 million yuan through equity acquisition and capital increase to acquire a 22.86% stake in Xi'an Zhongke Optoelectronic Precision Engineering Co., Ltd. (referred to as "Xi'an Zhongke Optoelectronics"). After the completion of this equity acquisition and capital increase, the company will hold a 25.20% stake in Xi'an Zhongke Optoelectronics. The purchase and capital increase of the target company's equity in this transaction is in line with the company's long-term development plan and is an important measure to implement the company's strategy in advancing new quality productive forces in related fields. This transaction will have a positive impact on the company's sustainable development, help enhance the company's overall competitiveness, and will not change the company's main business.