GoerTek boosts capital in optics subsidiary for AR/VR growth

GoerTek Co., Ltd. announced a capital increase in its controlling subsidiary, Goertek Optics Technology Co., Ltd. This involves an initial share swap where Goertek Optics will acquire 100% equity of Sunny Optical Micro-Nano Optics (Shanghai) Co., Ltd. and Sunny Optical Micro-Nano Optoelectronics Technology (Shanghai) Co., Ltd. (collectively "Shanghai Sunny Optical") by issuing 52,951.1488 million yuan in registered capital. This will dilute GoerTek’s stake in Goertek Optics from 56.6560% to 37.7707%.

Following the share swap, GoerTek and Ningbo Sunny Optical will each inject 200 million yuan into Goertek Optics, subscribing for 5,564.06 million yuan in new registered capital. This will increase GoerTek’s stake to 38.5713%. The transaction aims to enhance Goertek Optics' competitiveness in micro-nano optics and support its growth in AI smart glasses and AR/VR technologies.

Goertek Optics reported a net loss of 11,741.09 million yuan for the first half of 2025 and 23,986.57 million yuan for 2024, indicating a need for capital to improve its financial position and support ongoing development. The transaction is contingent on the completion of the share swap and regulatory approvals.