Core Viewpoint - Wanlong Optoelectronics is progressing with a major asset restructuring plan to acquire 100% of Zhongkong Information through a combination of share issuance and cash payment, while also raising matching funds from its actual controller, Fu Xiaotong [1][2] Group 1: Transaction Details - The transaction is expected not to constitute a restructuring listing, and Fu Xiaotong will remain the actual controller post-transaction [2] - The share issuance price is set at 19.19 yuan per share, which is not less than 80% of the average trading price over the previous 60 trading days [2] - The total amount of matching funds raised will not exceed 100% of the transaction price for the asset acquisition through share issuance [2] Group 2: Strategic Objectives - The restructuring aims to accelerate the transition to new productive forces, adding a smart infrastructure business segment to create new profit growth points and enhance profitability [3] - Wanlong Optoelectronics, founded in 2001 and listed in 2017, primarily focuses on R&D, production, and sales of broadcasting network equipment and data communication systems [3] Group 3: Integration Plans - After the transaction, Zhongkong Information will become a wholly-owned subsidiary, and Wanlong Optoelectronics plans to integrate it into a unified management system [4] - The integration will focus on improving asset management capabilities, enhancing accounts receivable control, and promoting technological synergy between the two companies [4] - The acquisition is expected to improve Wanlong Optoelectronics' asset quality and profitability, as well as enhance its market competitiveness [4]

Core Viewpoint - Wanlong Optoelectronics is developing a 1550nm LiDAR project that utilizes integrated optical transmission solutions and modular design to enhance detection distance and accuracy for intelligent driving and advanced driver-assistance systems [1] Company Overview - The LiDAR project is part of the company's product strategy and is currently in the market expansion phase, contributing a low proportion of revenue and not significantly impacting the company's operational data [1] - The company's main business includes wired television optical transmission equipment, wired television cable transmission equipment, and data communication systems [1]