Naruida Technology Co. Ltd. Cl A

Naruida Radar announced that the company intends to use its own funds of 162 million yuan to acquire a 51% stake in Guangzhou Xintai Communication Technology Co., Ltd. After the transaction is completed, Xintai Communications will become a controlling subsidiary of the company. The target company was established in 2013 and is committed to providing integrated optical transmission systems and optical transmission optimization solutions. It is a domestic optical communication product manufacturer and optical transmission solution provider. Its products include wavelength division optical transmission systems, DCI metropolitan wavelength division systems, OTN intelligent optical network systems, optical amplification systems, optical protection systems, and optical device product series, mainly applied in industries such as telecom operators, ISPs, IDCs, electric power, electronics, information communications, network security, and cloud computing. The counterparty has committed that the target company's non-GAAP net profit from 2026 to 2028 will be no less than 25 million yuan, 29 million yuan, and 38 million yuan, respectively.

Narui Radar disclosed its earnings forecast, expecting to achieve net profit attributable to owners of the parent company of approximately 61.93 million yuan for the first half of 2026, representing a year-on-year increase of about 8.75 percent. The company's newly signed weather radar contract value has grown significantly, and existing orders are being recognized and settled at an accelerated pace, driving year-on-year revenue growth and a steady upward trend in performance.