Sanan Optoelectronics' main business continues to grow, executives and shareholders continue to increase their holdings
Sanan Optoelectronics announced that Sanan Group has added 2.17 million shares of Sanan Optoelectronics. After the increase, Sanan Group holds 241 million shares of the company, accounting for 16.69% of the company's total share capital. It is understood that this is also after Wei Daman, Huang Zhijun and other four directors and senior management personnel bought the company's stock through the secondary market this month, and another shareholder added Sanan Optoelectronics. Â
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Sanan Group said that the Group is full of confidence in the future development of Sanan Optoelectronics. Moreover, Sanan Group intends to continue to increase its shareholding in Sanan Optoelectronics through the secondary market in the next 12 months. However, the cumulative increase ratio does not exceed 2% of the total issued amount of Sanan Optoelectronics.
The company's third-quarter report shows that inventory has increased significantly. However, Sanan said that this part of the inventory was mainly due to the support of the Wuhu government and increased investment in production capacity in Wuhu at the beginning of the year. There is a one-month cycle from the production of raw materials to the product, so this part of the inventory is created.
In addition, Sanan said that this year's performance has also been affected by the impact of the big environmental economy. However, the company's main business showed continuous growth, and the growth rate reached expectations. Sanan Optoelectronics said that the increase in executives and shareholders is mainly optimistic about the company's future sustainable development prospects, especially LED lighting projects and third-generation high-concentration solar power modules and power generation systems, and its future prospects are considerable.
　
　