Core Viewpoint - Goertek has seen a significant stock price increase of 20.88% since August 11, driven by strategic investments in the AR sector and Micro-LED technology [2][3]. Investment and Financial Strategy - Goertek's subsidiary, Goertek (Hong Kong) Co., Limited, plans to provide a loan of up to $100 million to Haylo Labs Limited to support the acquisition of Plessey Semiconductors Limited and enhance Micro-LED technology [2]. - The loan will be secured by Plessey and its subsidiaries, aimed at purchasing Micro-LED related fixed assets and supplementing working capital [2]. Business Development and Future Prospects - The investment is expected to accelerate the maturity of Micro-LED technology and products, which will benefit Goertek's AI smart glasses and AR business [3]. - This move is anticipated to strengthen Goertek's relationships with leading upstream technology companies and downstream customers, enhancing its resource integration and competitive capabilities in the AR field [3]. Additional Acquisitions - Goertek is also planning a potential acquisition of Mega Precision Technology Limited and Channel Well Industrial Limited for approximately HKD 10.4 billion (around RMB 9.5 billion), with the final transaction amount subject to agreement [4].

Group 1 - The company held an emergency board meeting on August 8, 2025, with all 7 directors present, to discuss a financial investment proposal [1][2] - The board approved a proposal for its subsidiary, Goertek (Hong Kong) Co., Limited, to provide a loan of up to $100 million to Haylo Labs Limited, aimed at supporting the development of Micro-LED technology and AI smart glasses [1][2] - The loan will be secured by Haylo's acquisition of 100% of Plessey Semiconductors Limited, which will use the funds for purchasing Micro-LED related fixed assets and working capital [1][2] Group 2 - If Haylo or Plessey undergoes acquisition or IPO during the loan period, Goertek (Hong Kong) will recover the loan principal and interest, plus 25% of the total acquisition value or market capitalization from the IPO [2] - The board's decision was unanimous, with 7 votes in favor and no opposition or abstentions [2]

Group 1 - Goertek Co., Ltd. approved a financial assistance proposal for its subsidiary, Goertek (Hong Kong) Co., Limited, to provide a loan of up to $100 million to Haylo Labs Limited for acquiring 100% of Plessey Semiconductors Limited [1] - The loan will be used by Haylo to purchase Micro-LED related fixed assets and to supplement working capital for Plessey [1] - The loan has a five-year term, and if Haylo or Plessey undergoes acquisition or IPO, Goertek (Hong Kong) will recover the loan principal and interest, plus 25% of the total acquisition value or market capitalization [1] Group 2 - The decision was made during the 24th meeting of the sixth supervisory board, which was held on August 8, 2025, and was deemed legally valid [2]