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San’an Optoelectronics: Invest 12 Million Yuan in Investment Management Company

2016-05-24
According to the announcement of May 24, San’an Optoelectronics will invest 12 million Yuan in Fujian Anxin Investment Management Co., Ltd. Other partners include National Integrated Circuit Industry Investment Fund Co., LTD (with investment of 12 million Yuan) and Jinjiang Anying Investment Fund Partnership Company (limited partnership) (with investment of 6 million Yuan). The new company’s business scope covers investment management and investment consultation.

Anxin has a large fund scale and mainly focuses on investment on III-V compound semiconductor integrated circuit. The targeted fund scale is 50 billion Yuan and the current scale is 7.51 billion Yuan. The fund mainly focuses on supporting design, manufacture, sealing test, materials equipment and application of III-V compound semiconductor integrated circuit. The fund will support San’an Group, San’an Optoelectronics and other related enterprises to carry out domestic and overseas mergers and acquisitions, new technology research and development, production line expansion, etc.

Join hands with professional investment partners to speed up industrial chain layout. These partners have professional investment management experience and sound risk control system and will help raise the level of the fund's investment decisions and provide various resource guarantees to the sustainable, rapid and healthy development of the company. Good operation of the fund will help to speed up the industrial chain layout of the company and further improve the core competitiveness.
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