Jia Yuan Technology (688388.SH) plans to invest 500 million yuan to acquire a portion of the equity in Endatong. This investment involves the optical module industry.
Zhicheng Finance APP News, Jiayuan Technology (688388.SH) announced that the company plans to acquire a portion of the equity of Wuhan Endatong Technology Co., Ltd. ("Endatong", "target company") through the transfer of equity and capital increase, with a total investment of 500 million yuan, including 150 million yuan for the equity transfer and 350 million yuan for the capital increase. After the equity transfer and capital increase, the company will hold 13.5870% of the target company's equity. After this investment is completed, the target company will not be included in the company's consolidated financial statements.
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