Transtech Optelecom to buy optical fiber maker stake for RMB 78 million in shares

• Transtech Optelecom agreed to acquire Hao Min Investment Holding, gaining an indirect 51% stake in Futong Optoelectronics Technology (Hangzhou).
• Consideration set at RMB 78 million, payable via issuance of 48,367,000 new shares at HKD 1.85 each.
• Hangzhou Company manufactures optical fiber preforms and optical fibers in China, with 2025 production capacity of about 1.04 million core-km of preforms and 850,000 core-km of optical fibers.
• Seller provided profit guarantee of at least RMB 50 million pre-tax net profit for FY 2026, with cash compensation capped at RMB 25 million if shortfall occurs.
• Post-completion, Hangzhou Company results are expected to be consolidated as a non-wholly owned subsidiary, with Futong China retaining 49% stake.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Transtech Optelecom Science Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260413-12104163), on April 13, 2026, and is solely responsible for the information contained therein.