Core Viewpoint - Baichuan Energy plans to invest a total of 215.26 million yuan to acquire a 22.86% stake in Xi'an Zhongke Optoelectronics Precision Engineering Co., Ltd., increasing its total ownership to 25.20% after the transaction [2][6]. Transaction Overview - The investment will be made through equity transfer and capital increase, with 15.26 million yuan paid for the equity transfer and 160 million yuan for the capital increase [5][17]. - The transaction does not constitute a related party transaction or a major asset restructuring [3]. Company and Industry Background - Xi'an Zhongke Optoelectronics is a high-tech enterprise specializing in the research and production of embodied intelligent basic models and robots, focusing on stereo vision spatial recognition technology [10]. - The company has applied for a total of 135 patents, including 71 invention patents, and has a diverse product range including intelligent welding, measurement, assembly, and cutting robots [10][11]. Financial Aspects - The capital increase price is set at 50 yuan per registered capital, consistent with previous investments by other institutional investors [17][18]. - The total registered capital of Xi'an Zhongke Optoelectronics will increase to 19.79 million yuan after the investment [25]. Impact on Baichuan Energy - This acquisition aligns with Baichuan Energy's long-term development strategy and is expected to enhance its competitiveness without significantly impacting its financial status or main business operations [36].

Core Viewpoint - Baichuan Energy (600681.SH) announced an investment of 215 million yuan to acquire a 22.86% stake in Xi'an Zhongke Optoelectronics Precision Engineering Co., Ltd., increasing its total ownership to 25.20% after the transaction [2] Group 1: Investment Details - The investment will be executed through equity transfer and capital increase [2] - Xi'an Zhongke Optoelectronics is a high-tech enterprise specializing in the research and production of embodied intelligent basic models and robots [2] - The target company has not yet achieved profitability [2] Group 2: Risks and Considerations - The investment involves entering a new business area, which carries management and operational risks associated with cross-industry investments [2]