QA plans to acquire 99% equity of Yigao Optoelectronics and will resume trading on July 11
QA plans to acquire 99% equity of Yigao Optoelectronics, and the transaction will be conducted through the issuance of shares and cash payment. This move will enable the company to enter the high-end vacuum coating field, and it is expected to significantly enhance the company's market competitiveness and risk resistance capability. The target company holds an industry-leading position in vacuum coating technology, and its products have been widely applied in high-end consumer electronics and smart automotive fields. The company's stock will resume trading on July 11, 2025
According to the Zhitong Finance APP, QA (603758.SH) announced that it plans to acquire a total of 99% equity in Yigao Optoelectronics held by 12 trading parties, including Rao Yiran, Shenzhen Yigao, Yuan Zhi Xinghuo, Tibet Huajian, Zhuhai Yigao, Jicheng Optoelectronics, Changye Yili, Junhui Xinyi, Suiman Shishi, Qingxian Technology, Li Junhua, and You Junheng, through the issuance of shares and cash payment, while raising supporting funds.
Through this transaction, the listed company will strategically enter the high-end vacuum coating field, which has both high growth potential and good profitability prospects. The target company, as a high-tech enterprise in the vacuum coating field, relies on its industry-leading technological strength. Its ultra-hard coating products have been applied to high-end smartphones and wearable devices of leading domestic consumer electronics brands, and it is accelerating penetration into the full range of smartphones, smart wearable devices, and high-end tablets. The target company's AR coating has been successfully applied to multiple in-vehicle display systems in smart cars, providing optical solutions for smart cockpits. With the increase in market share of high-end smartphones, ultra-hard coating and ultra-hard AR coating technologies are rapidly penetrating the full range of smartphones, smart wearable devices, and high-end tablets. Additionally, the strategic layout of the target company's electrochromic coating technology is seeing growing application demand in AR/VR, automotive skylight glass, windows, and rearview mirrors, continuously broadening the application scenarios of its core technologies and offering vast future development space. This transaction will effectively expand the business boundaries and market territory of the listed company, optimize the business portfolio structure, and significantly enhance the company's overall risk resistance capability.
After applying to the Shanghai Stock Exchange, the company's stock will resume trading on July 11, 2025 (Friday) at the market opening
