300570SZSE
🚨 Material Event

Announcement on Proposed Acquisition of Land Use Rights and Investment in Construction Project

T and S Communications Co., Ltd.··3 pages

✨ AI Summary

Shenzhen Taicheng Optoelectronics plans to acquire 1.72 hectares of land in Shenzhen for RMB 720 million to build a new production base. This investment aims to expand production capacity and improve automation, aligning with the company's strategic development. The company expects no significant adverse financial impact and has secured board approval.

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Full Translation

AI Translation· gemini_document

Announcement No.: 2026-019

Shenzhen Taicheng Optoelectronics Co., Ltd.

Announcement on Proposed Acquisition of Land Use Rights and Investment in Construction Project

The Company and the entire Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or significant omissions.

Shenzhen Taicheng Optoelectronics Co., Ltd. (hereinafter referred to as the "Company") held the 16th meeting of the 5th Board of Directors on August 13, 2026, which reviewed and approved the "Proposal on the Proposed Acquisition of Land Use Rights and Investment in Construction Project." The relevant situation is hereby announced as follows:

I. Investment Overview

In accordance with its strategic development plan, the Company intends to acquire land use rights and invest in a construction project. The total investment for this project is planned to be approximately RMB 720 million (including land acquisition costs, construction costs, equipment procurement costs, and project working capital; the actual investment amount shall prevail). The Company will participate in the bidding for a 1.72-hectare plot of land and invest in the construction project.

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