Daheng Technology announced it plans to acquire a 5% stake in ZSGX Shishi Company Limited for 111 million yuan, supporting its entry into the optical chip sector. ZSGX was founded on June 10, 2019, focusing on the research, development and manufacturing of optoelectronic devices. It posted a loss of about 176 million yuan in 2025 and a loss of 53.5581 million yuan in the first half of 2026. Daheng Technology said ZSGX has incurred losses in its early operations and its future operating performance remains uncertain. Daheng Technology reported first-quarter 2026 revenue of 371 million yuan, up 2.27 percent year on year, and net profit of 51.15 million yuan, swinging to a profit from a loss a year earlier. The company believes this investment will leverage its existing industrial machine vision technology to empower automation at ZSGX's production lines, and draw on ZSGX's research and development expertise in optical communications and chip manufacturing capabilities to extend its product range in opto-mechatronics integration.
Daheng New Epoch Technology IncAcquiring a 5% stake in a loss-making optical chip firm for 111 million yuan; uncertain future performance.
