Intelligence Finance App News, Roshow Technology (002617.SZ) announced that the company plans to invest 60 million yuan to participate in the capital increase of Shenzhen Wande Wei Optoelectronic Technology Co., Ltd. (referred to as 'Wande Wei Optoelectronic'). After this capital increase, the company will hold 16.67% equity in Wande Wei Optoelectronic. Wande Wei Optoelectronic's main business scope includes R&D and sales of cables and cable components, connectors, optoelectronic products and accessories, communication test equipment, and electronic products. Wande Wei Optoelectronic's main products are various types of copper cable products with transmission rates ranging from 25G to 800G, including passive direct attach copper cables, active direct attach copper cables, and loopback test modules.

The announcement stated that this capital increase is in line with the company's development strategy, which will help improve the company's business competitiveness, expand development space, and promote the company's sustainable and healthy development.