Laying out optical communications, Narui Radar plans to acquire 51% of Xintai Communications

On September 30, Narui Radar announced that the company planned to purchase 51% of the equity of Guangzhou Xintai Communication Technology Co., Ltd. for 161.67 million yuan, and would assume the payment obligations for the unpaid capital in the subject equity after receiving the equity.

After the completion of this transaction, Narui Radar will hold 51% of the equity of Xintai Communication, and Xintai Communication will become the company's holding subsidiary and be included in the company's consolidated statements.

According to the announcement, Xintai Communications was established in 2013 and is committed to providing comprehensive optical transmission systems and optical transmission optimization solutions. It is a domestic optical communication product manufacturer and optical transmission solution provider. 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. The products are mainly used in telecom operators, ISPs, IDCs, electric power, electronics, information communications, network security, cloud computing and other industries.

Financial data shows that Xintai Communications achieved revenue of 109 million yuan and a net profit of 19.7162 million yuan in 2025; from January to June 2026, it achieved revenue of 66.4332 million yuan and a net profit of 13.136 million yuan. In order to protect the income from mergers and acquisitions, the performance commitment party promised that Xintai Communications will achieve a minimum non-net profit deduction of 25 million yuan, 29 million yuan and 38 million yuan in 2026, 2027 and 2028 respectively, and the cumulative minimum non-net profit deduction in the three years will not be less than 92 million yuan.

After the completion of this merger, Narora Radar will retain Xintai Communication's core operations, R&D, marketing and supply chain teams, lock in key talents through long-term performance agreements and special performance policies, and continue the original business system, existing customer cooperation, research projects and operating models; in the direction of integration, Narera Radar will focus on the core field of radar optical communication components to carry out joint technology research and product iteration, and share supply chain and customer resources.

It is reported that Narui Radar is mainly engaged in the research and development, production, sales and other services of phased array radar machines and related systems. This acquisition will effectively realize the complementary advantages of both parties in the fields of technology, talents and market, and enhance the company's overall comprehensive competitiveness.