On June 25, the reporter learned from the Xiamen Municipal Bureau of Commerce that the Ministry of Commerce recently approved the project of Xiamen Sanan Optoelectronics Technology Co., Ltd. to acquire Taiwan Yuyuan Optoelectronics Co., Ltd.
The total investment of the project is 403.576 million US dollars, of which Sanan Optoelectronics invested about 80.3 million US dollars to subscribe for 19.9% ​​of Taiwan Yuyuan Optoelectronics Co., Ltd., becoming its largest shareholder.
Xiamen Sanan Optoelectronics' acquisition of Taiwan's Yuyuan Optoelectronics Project is currently the largest investment project in Taiwan, the first case of cross-strait LED industry investment cooperation, and the first case of cross-strait listed companies' mergers and acquisitions.
The total investment of the project is 403.576 million US dollars, of which Sanan Optoelectronics invested about 80.3 million US dollars to subscribe for 19.9% ​​of Taiwan Yuyuan Optoelectronics Co., Ltd., becoming its largest shareholder.
Xiamen Sanan Optoelectronics' acquisition of Taiwan's Yuyuan Optoelectronics Project is currently the largest investment project in Taiwan, the first case of cross-strait LED industry investment cooperation, and the first case of cross-strait listed companies' mergers and acquisitions.
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