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Kale Co., Ltd.: Plans to acquire at least 51% equity of Wetaisi Optoelectronics
People’s Financial News, April 7 — Kele Co., Ltd. ( 301070 ) announced on April 7 that the company plans to increase its capital through investment and cash acquisition of some shareholders’ equity in Fujian Weitai Si Optoelectronics Co., Ltd. (referred to as “Weitai Si Optoelectronics” or “the target company”) to acquire no less than 51% of the target company’s equity. After the completion of this transaction, the target company will become a controlling subsidiary of the company. Currently, Weitai Si Optoelectronics’ core products are precisely focused on the optical communication field.