Group 1 - The company, Weizhi Holdings, announced the acquisition of Joyful Family Consultant Limited for HKD 155 million, which is expected to complement its existing LED backlighting and lighting product portfolio [1] - Joyful Family Consultant Limited holds 100% equity in Letu Optoelectronics, which owns land in Guangdong Province, China, with a total land use area of approximately 86,118 square meters [1] - The board believes that the acquisition will enhance production efficiency and provide better returns to shareholders by expanding the company's business scale and scope in LED backlighting and lighting products [1] Group 2 - The core business of the company involves manufacturing LED backlighting, lighting products, and semiconductor storage chips, necessitating scalable production capacity to meet growing market demand [2] - Acquiring the land will allow the company to establish core production facilities, reducing reliance on third-party facilities and lowering basic production and operational costs [2] - The available land use rights will provide sufficient space for the company to expand capacity in response to market trends and customer demands, addressing current capacity shortages [2]