HuaMao Tech Hits Limit Up: Plans to Acquire Fuchuang Excellence to Expand into Optical Modules and Build Dual Pillars in Automotive Safety and Semiconductors

On February 24, 2026, Huamao Technology (stock code: 603306) surged by the daily trading limit, closing at RMB 85.76 per share—a gain of 10.01%—with a trading volume of RMB 1.556 billion. The company plans to acquire Fuchuang Youyue, a leading optical module manufacturer. Upon completion of the transaction, Huamao will establish a dual-core business structure centered on "automotive safety + semiconductor electronics." Fuchuang Youyue holds approximately 30% market share in the 800G/1.6T optical module PCBA segment, owns 85 patents, and demonstrates significant technological advantages. It has also committed to delivering cumulative net profits of RMB 7.8 billion between 2025 and 2027. Amid surging AI-driven computing demand fueling rapid growth in the optical communications industry—projected to achieve a compound annual growth rate (CAGR) of 22% over the next five years—this acquisition is expected to create a new growth engine for Huamao. Additionally, the optical module sector has recently shown strong momentum, with substantial inflows of institutional capital and technical indicators breaking through key resistance levels, further propelling the stock to its daily limit.