Chinachem Technology (603306.SH) plans to buy the remaining 57.84% of Fuchuang Superior's shares to resume trading on June 5

Zhitong Finance App News, Chinachem Technology (603306.SH) announced that the company holds 42.16% of Fuchuang Superior's shares through its wholly-owned subsidiary Chinachem Dongyang. In this transaction, the company plans to purchase the remaining 57.84% of Fuchuang Superior's shares through direct and indirect methods, while also raising supporting capital by issuing shares from Dongyang Huasheng. Trading of company stocks, convertible bonds, and convertible debt-for-equity swaps will resume with the opening of the market on June 5, 2025.

Fuchuang Superior is an enterprise in the global computing power manufacturing industry chain, providing intelligent manufacturing services such as advanced packaging, PCBA, optical coupling and testing for 800G/400G high-speed optical modules. Corresponding optical modules are mainly used in high-speed interconnection within data centers and across data centers. Benefiting from the rapid development of AI applications and the explosion of computing power demand, as well as domestic+overseas production layouts, Fuchuang Superior's business is growing rapidly. According to C&C statistics, it has occupied an important position and competitive advantage in the global computing power manufacturing industry chain. According to C&C statistics, the top 20 global optical models in 2024 According to manufacturer information, Fuchuang Superior has delivered batches to 7 of them. In 2024, the number of 800G optical module PCBA units shipped will exceed 3.5 million.

This transaction is a key step for the company in a new stage of development, around its own development strategy, and transformation and upgrading to new quality productivity. After the transaction is completed, Fuchuang Superior will become the company's wholly-owned subsidiary and an important second growth curve, with broad future prospects.