Xiamen San'an Integrated Circuit Co., Ltd. announced that it expects to receive CNY 1.54 billion in funding from Sanan Optoelectronics Co., Ltd..

Xiamen San'an Integrated Circuit Co., Ltd. announced that it will receive CNY 1,543,566,411.63 in an equity round of funding from existing investor, Sanan Optoelectronics Co.,Ltd (SHSE : 600703) on January 9, 2016. The transaction has been approved at the 28th meeting of the 8th directorate of the investor.