CONANT OPTICAL (02276) intends to invest 180 million yuan to participate in the latest round of financing for Lingban Technology.

CONANT OPTICAL (02276) announces that in order to deepen the company's strategic layout in the smart glasses field, enhance the synergistic effect of the industrial chain, and strengthen the deep cooperation with industry-leading enterprises, the company plans to invest 180 million yuan to subscribe to the common stock of Lingban Technology (Hangzhou) Co., Ltd. in its latest round of financing. This investment will not exceed 5% of Lingban Technology's total equity after this round of financing. The funds for this investment come from the company's internal resources. As a unicorn enterprise in the field of human-computer interaction and AR in China, Lingban Technology's Rokid brand smart glasses have been deeply rooted in the industry for ten years, firmly occupying a leading position in the domestic consumer-level smart glasses market. The company has already begun business cooperation with them. With the combination of the group's global production capacity layout and rapid delivery capability, it is expected that the cooperation between the two parties will be further deepened. This investment marks an important milestone for the group in the development of new smart glasses businesses. Against the backdrop of the country vigorously developing "new productive forces" and "artificial intelligence +", the board of directors believes that relying on the company's more than 20 years of technical accumulation and the experience of deep cooperation with major smart glasses manufacturers at home and abroad in recent years, the company will further consolidate its leading position in the field of optical solutions for smart glasses and create long-term value for shareholders.