Three foot large shareholders to transfer 9% stake in the integrated circuit industry with lead

Two weeks after the suspension, the domestic LED enterprises in Sanan Optoelectronics (600703) officially announced its major issues. 15 evening announcement that the company has signed a strategic cooperation agreement with a number of partners, pushing the company to develop into a professional integrated circuit company. It is noteworthy, for the introduction of partners, the major shareholder of Sanan optoelectronics Sanan group will transfer about 9% of the shares held by the company.

According to the disclosure, in June 15th, three optical and investment, CDB and China core group signed a three "on the strategic development of the integrated circuit industry investment cooperation agreement" agreement, CDB, Huaxin investment and Sanan Sanan optoelectronics group and to establish a strategic partnership, to support the integrated circuit business three optical power development with III. V compound semiconductor as the focus, expand business scale, enhance the core competitiveness.

Public data shows, III V compound semiconductor material photoelectric conversion efficiency is high, suitable for the production of optoelectronic devices; at the same time, the material of high electron mobility, suitable for the preparation of high frequency, high speed devices and circuits.

According to the agreement, in the 10 years of the term of the contract, manufacturing, packaging and design of the core investment will support the III V compound. An optoelectronic integrated circuit wafer and chip, support the company mergers and acquisitions of upstream and downstream enterprises inside and outside the same industry related, and advance with the three security group and listed companies to carry out more than $2 billion 500 million to set up a special fund to promote cooperation and development of the integrated circuit. The CDB will provide the most preferential interest rate of 20 billion yuan of financing to support the company's business development.

In addition, the introduction of strategic investors, three group also with the national integrated circuit industry investment fund (hereinafter referred to as the "fund") signed a share transfer agreement, Sanan group to 22.3 yuan / share price, transfer its holdings of 9.07% shares to the three optical funds, transfer the total price of 4 billion 839 million yuan. Upon completion of the transfer of shares, the fund will become the second largest shareholder of three optical.

Sanan optoelectronics said, the company engaged in the semiconductor new material related to the III. V compound semiconductor materials research and development, production and application of business in line with national industrial planning, fund stationed, will be conducive to providing a variety of resources for the company, the company will also be combined with the advantages of large capital market funds, promote integration circuit business bigger and stronger.

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