Kailai Group: The acquisition of 51% equity of Fujian Weitaisi Optoelectronics still has uncertainties.

date
08/04/2026
Kaile Group announces abnormal changes in trading. The closing price of the company's stock deviated by 30% for two consecutive trading days on April 7, 2026 and April 8, 2026, which qualifies as abnormal stock market volatility according to the relevant regulations of the Shenzhen Stock Exchange. On April 7, 2026, the company disclosed a "Notice of Signing", stating that the company plans to acquire at least 51% of the equity of Fujian Weitai Optical Electronics Co., Ltd. through capital increase and cash acquisition of some shareholders' equity. Further details can be found in the relevant announcement on the JuChao Information Network. This matter is still in the planning stage, further due diligence and audit assessment are required for the target company, and the transaction plan needs further discussion and negotiation, with uncertainties still existing in the transaction.