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Hechuang Data: Plans to invest 510 million yuan to increase capital in Guangwei Technology, which will hold 51% of the equity afterward.
Mars Finance News, April 10 — Xiechuang Data announced that in order to enter the optical chip and optical module market, leverage the full industry chain collaboration of “smart terminals + cloud computing + optical devices,” promote the business upgrade from “terminal manufacturing” to “core components + terminals + services,” and solidify the “computing power foundation” strategy, the company plans to use its own or raised funds of 510 million yuan to increase capital in Guangwei Technology ( Guangzhou ) Co., Ltd. After this capital increase is completed, the company will hold a 51% stake in Guangwei Technology, which will become a controlling subsidiary of the company and be included in the consolidated financial statements. Guangwei Technology focuses on the research, development, and production of ultra-low power optical modules for intelligent computing centers and supercomputing centers, having launched dozens of industry-leading optical chip and optical module products, with three major performance advantages: “ultra-low power consumption, ultra-low error rate, ultra-low latency,” effectively solving multiple technical challenges in the industry and significantly improving computing efficiency. Additionally, Guangwei Technology, as a supplier of optical modules meeting the requirements of the highest national-level supercomputing centers, has its products listed as a sole source of procurement. (Company Announcement)