On October 12, the Export-Import Bank of China announced that the Xiamen Branch of the bank recently issued a 200 million yuan overseas investment loan to Sanan Optoelectronics Technology Co., Ltd. to support its acquisition of 19.9% ​​stake in Taiwan’s Yuyuan Optoelectronics Co., Ltd. .
It is reported that the total investment of the equity acquisition project is 2.252 billion Taiwan dollars (about 500 million yuan). It is the largest M&A investment project in Taiwan since the opening of land acquisition in Taiwan. It is the first investment cooperation between the two sides of the LED industry. For example, it is also the first case of cross-strait listed companies' mergers and acquisitions.
Yuyuan Optoelectronics is the second largest optoelectronic enterprise in Taiwan. After the completion of the transaction, Sanan Optoelectronics became the largest shareholder of Yanyuan Optoelectronics. The two companies will work closely together to complement each other in management, technology and market, enhance their competitiveness and expand the international influence of Chinese optoelectronics.
It is reported that the total investment of the equity acquisition project is 2.252 billion Taiwan dollars (about 500 million yuan). It is the largest M&A investment project in Taiwan since the opening of land acquisition in Taiwan. It is the first investment cooperation between the two sides of the LED industry. For example, it is also the first case of cross-strait listed companies' mergers and acquisitions.
Yuyuan Optoelectronics is the second largest optoelectronic enterprise in Taiwan. After the completion of the transaction, Sanan Optoelectronics became the largest shareholder of Yanyuan Optoelectronics. The two companies will work closely together to complement each other in management, technology and market, enhance their competitiveness and expand the international influence of Chinese optoelectronics.
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