Zhitong Financial APP News, Ruike Laser (300747.SZ) announced that the company intends to use its own capital of RMB 62.4 million to acquire the minority shareholder of Wuhan Ruixin Special Optical Fiber Co., Ltd. ("Ruixin Optical Fiber"), Hubei High-tech Industry Investment Group Co., Ltd., and Mr. Zhou Yiming held a total of 15% equity interest and signed the "Equity transfer Agreement". After the completion of this acquisition, the company will hold 100% equity interest in Ruixin Optical Fiber. Ruixin Optical Fiber has become a wholly owned subsidiary of the company.
The announcement said that the acquisition of minority shareholders in Ruixin Optical Fiber is aimed at further strengthening the company's control over its subsidiaries, improving decision-making efficiency and better opening up regional markets.