YOEC plans to acquire 100% equity of Shengyisheng for 158 million yuan
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YOEC plans to acquire 100% equity of Wuhan Shengyisheng Optoelectronic Technology Co., Ltd. for 158 million yuan, with the transaction to be conducted through the issuance of shares and cash payment. This acquisition will promote the synergy of the listed company in the manufacturing of fiber optic gyroscope photonic chip devices and optical communication business, enhance its product layout in the fiber optic gyroscope field, expand the civilian market, and improve overall profitability and sustainability
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