Sanan Optoelectronics yesterday released the contract announcement that its wholly-owned subsidiary, Anhui Sanan Optoelectronics Co., Ltd. (Anhui Sanan) on July 17 signed a sourcing agreement with Shenzhen MTC Lighting Co., Ltd. (Shenzhen MTC), a wholly-owned subsidiary of Shenzhen MTC Co., Ltd. According to the agreement, from the date of signing of the agreement for the coming year, the Shenzhen MTC will purchase total amount of RMB 500 million of LED chips from Anhui Sanan, this amount accounts for about 15% of Sanan sales revenue in 2012. An o...