VIEWTRIX TECH (03310) saw its share price climb over 7% during intraday trading, before easing to a 3.02% gain at HK$27.26 at the time of writing, with turnover reaching HK$54.99 million.

On September 15, the company announced the establishment of two wholly-controlled subsidiaries: Shuqing Zhiyun (Shanghai) Technology Co., Ltd. (Shuqing Zhiyun) and Xinqing Zhiyun (Shanghai) Technology Co., Ltd. (Xinqing Zhiyun). Both subsidiaries have a registered capital of RMB 10 million, with VIEWTRIX TECH holding a 55% stake in each.

As of the announcement date, both Shuqing Zhiyun and Xinqing Zhiyun are advancing private equity financing in the primary market. Upon completion of the fundraising, VIEWTRIX TECH is expected to retain its controlling position in both entities, and they will continue to be consolidated into the group's financial statements.

Where the growth strategy begins

The group plans to launch two new business lines: optical interconnect and UCIe IP. These ventures represent the company's recent strategic moves post-listing, driven by evolving industry technology trends and market opportunities.

The board believes that with the rapid development of artificial intelligence, cloud computing, high-performance computing, and advanced packaging technologies, the demand for high-speed chip-to-chip interconnect is steadily rising. On-chip optical interconnect and Chiplet interconnect have emerged as key development directions in the semiconductor industry.

Venturing into optical interconnect and UCIe IP aligns with the group's strategic objectives of seizing industry opportunities, expanding its business footprint, and cultivating new growth drivers.