[Liyang Chip: Plans to acquire 51% of Zhongwangda’s equity for 306 million yuan. The latter focuses on instrumentation in the fields of optical communications, optical chip testing and other fields] On November 13, Liyang Chip (688135.SH) announced that the company signed an equity acquisition agreement with Zheng Hongzhang and Deng Ronghui, shareholders of Shenzhen Zhongwangda Optoelectronics Co., Ltd., and planned to acquire 51% of Zhongwangda’s equity in cash, with a transaction consideration of 306 million yuan. The overall valuation of the target company is 600 million yuan. After the transaction is completed, Zhongwangda will become a holding subsidiary of the company. The target company focuses on the R&D, production and sales of instruments in the fields of optical communications, active and passive modules, and optical chip testing. This acquisition is in line with the company's current main business and its strategic layout direction of focusing on the "optical storage and computing" testing field in the future. After the completion of this transaction, the two parties will form a systematic collaboration in technology research and development, product solutions, R&D and manufacturing.