US$ 530 million-LEDinside

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2014-02-07

San’an Opto Issues Stocks to Fund 100 MOCVD Equipment

San’an Opto has raised about RMB 3.24 billion (US$ 530 million) by privately issuing a total of 151 million stocks to eight specific investors, according to a recent report by Chinese-language Aastocks.com. The funding raised is equivalent to building a new San’an Opto enterprise.

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