Sanan Optoelectronics develops industrial chain downstream to build LED base in Jingzhou

A-share LED faucet Sanan Optoelectronics [39.38-1.45%] (600703) began to extend the industrial chain downstream. The subsidiary's industrial base in Jingzhou, Hubei Province, officially laid the foundation for construction last week, and future products will focus on downstream applications.

In the secondary market, Sanan Optoelectronics' stock price has also reached a new high in the near future. After the strong daily limit on Thursday, it closed at 3.66% on the 14th and hit a new high of 40.50 yuan.

The company announced on December 5 that the company will use its own 193.29 mu of land for a price of 50 million yuan to invest in Jingzhou Hongsheng Optoelectronics Technology Co., Ltd. (hereinafter referred to as Acer Optoelectronics). After the investment is completed, Sanan Optoelectronics will hold 33.34% of the company's shares as its second largest shareholder.

The announcement shows that Acer Optoelectronics was established on July 15, 2009. It was originally invested and established by natural person Li Jose and Jingzhou Jiangjin Investment Co., Ltd. with a registered capital of 100 million yuan. This time, Sanan Optoelectronics increased its capital with its own land, and the evaluation price of the capital contribution was 50.126 million yuan.

Two days after the announcement, on December 7th, Acer Optoelectronics Semiconductor LED Lighting Industrialization Base officially started construction in the Electronic Industrial Park of Jingzhou Development Zone. According to the website of Jingzhou Municipal Government, the total investment of the industrial base is 600 million yuan, which will be constructed in three phases. The first phase of the project covers an area of ​​120,000 square meters, with an investment of 200 million yuan and a late investment of 400 million yuan. After the project is completed and put into production, the annual output value will be It reached 380 million yuan. Hongsheng Optoelectronics will make it the largest photovoltaic industry base in Central China.

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