Vantone Neo Development Group Co., Ltd. (SHSE:600246) signed a letter of intent to acquire 51% stake in Source Photonics Holdings (Cayman) Limited on November 26, 2023. Vantone Neo Development Group Co., Ltd. (SHSE:600246) agreed to acquire 51% stake in Source Photonics Holdings (Cayman) Limited on April 2, 2024.