Nanoradar Plans CNY 162 Million Acquisition of 51% Stake in Xintai Communications to Enter Optical Communications

C114 News, October 10 (Nanshan) — STAR Market-listed Naruida Radar has announced that it plans to use its own funds of RMB 161.67 million to acquire a 51% stake in Guangzhou Xintai Communication Technology Co., Ltd. held by Yang Chaojian, Chen Taibao, Yao Qiufang, Xu Zhen, Li Yunfeng and Zhu Meifang, and to assume the obligation to pay in the capital contributions not yet paid up in the target equity after the transfer.

Upon completion of the transaction, the company will hold a 51% stake in Xintai Communication, which will become a controlled subsidiary and be consolidated into the company's financial statements.

Founded in 2013, Xintai Communication is dedicated to providing integrated optical transmission systems and optical transmission optimization solutions. It is a domestic optical communication product manufacturer and optical transmission solutions provider. Its products include WDM optical transmission systems, DCI metro WDM systems, OTN intelligent optical network systems, optical amplification systems, optical protection systems, and optical component product lines (including active optical module product lines, CWDM/DWDM/AWG passive wavelength division multiplexers, optical splitters, dispersion compensation, optical switches, etc.). The products are mainly used in industries such as telecom carriers, ISPs, IDCs, electric power, electronics, information and communications, cybersecurity, and cloud computing.

Xintai Communication posted revenue of RMB 109 million and net profit of RMB 19.72 million in 2025; in the first half of this year, it recorded revenue of RMB 66.43 million and net profit of RMB 13.13 million. The deal values Xintai Communication at RMB 317 million.

Naruida Radar said the acquisition of the 51% stake in Xintai Communication was a decision made after thorough assessment and is consistent with the company's strategic development plan. After the transaction, the company and Xintai Communication will have significant synergies in technology, talent and markets. The deal will enable the two sides to fully integrate their complementary strengths, achieve business complementarity and coordinated development, and further enhance the company's overall operating strength.

The announcement stressed that the technological synergy between the two parties is not simply a vertical upstream-downstream supply chain arrangement, but a deep integration of two technologies: precise electromagnetic wave detection and high-speed optical data transmission. Xintai Communication's optical transmission systems will enhance radar computing and processing capabilities as well as radar data transmission speed, significantly optimizing product performance and accelerating new product development, delivering dual improvements in technological collaborative innovation and development efficiency.