Sanan Optoelectronics (600703) announced on the evening of October 8. On October 2, the company's wholly-owned subsidiary Xiamen Sanan subscribed for the registration of shares of Yanyuan Optoelectronics. At present, Xiamen Sanan holds 120 million shares of Yanyuan Optoelectronics, accounting for 19.77% of the total share capital of Haoyuan Optoelectronics, and is the largest shareholder of Haoyuan Optoelectronics.
In November last year, through the 22nd meeting of the 7th Board of Directors and the 4th Extraordinary General Meeting of Shareholders in 2012, Xiamen Sanan, a wholly-owned subsidiary of the company, used self-raised funds of no more than 2.352 billion Taiwan dollars to subscribe to the Taiwan Stock Exchange. The listed company Yanyuan Optoelectronics Co., Ltd. issued no more than 120 million ordinary shares in private placement.
In November last year, through the 22nd meeting of the 7th Board of Directors and the 4th Extraordinary General Meeting of Shareholders in 2012, Xiamen Sanan, a wholly-owned subsidiary of the company, used self-raised funds of no more than 2.352 billion Taiwan dollars to subscribe to the Taiwan Stock Exchange. The listed company Yanyuan Optoelectronics Co., Ltd. issued no more than 120 million ordinary shares in private placement.
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