SHIJIA TECH(SZ:002796) Zheng Quan Shi Bao Wang·2025-08-04 06:41Core Viewpoint - Sega Technology (002796) is optimistic about the market prospects of the optical communication sector and plans to acquire a stake in Guangcai Xincheng (Zhejiang) Technology Co., Ltd. through a capital increase and share expansion [1] Company Overview - Guangcai Xincheng was established in May 2020 and focuses on the research and manufacturing of 100G-800G optical communication modules, with its headquarters and production base located in the New Modern Industrial Park in Jiaxing [1] - The company has rapidly developed its business and has become a strong competitor in the global mid-to-high-end optical module supply market [1] Product Development - On February 17, 2023, Guangcai Xincheng launched the 800G SR8 optical module, claiming to be the first globally to achieve mass production of 800G optical modules, with a total transmission rate of nearly 900 Gbps [1] - The company has established a vertically integrated manufacturing system from passive optical chips to optical modules, utilizing internationally advanced manufacturing processes [1] Strategic Rationale - Sega Technology's main businesses include mobile communication equipment and precision casing, with mobile communication being a key area of development that aligns with the optical communication sector [1] - The transaction is expected to optimize the company's communication industry layout and enhance business synergy and complementary customer resources, facilitating horizontal expansion and transformation of the communication industry [1] Transaction Details - The company plans to hold no more than 20% of Guangcai Xincheng's shares upon successful completion of the transaction [1] - The capital increase intention agreement is a preliminary investment cooperation intention, and the final transaction is subject to due diligence and negotiation [1]