The board of directors of San'an Optoelectronics announced on the evening of June 18 that its wholly owned subsidiary, Xiamen San'an Optoelectronics Technology Co., Ltd, intends to spend 280 million Yuan at most to purchase 20 units of international advanced single chamber machines or five units of four-chambers GaN MOCVD equipment and expand part of the LED chip production lines. In addition, the Xiamen municipal government and Xiamen Siming District government will offer subsidy to Xiamen San'an Optoelectronics for the purchase of 20 sets of MO...