Sanan Optoelectronics announced that the company plans to purchase 100% of Lumileds Holding B.V., with overseas investor Inari for US$239 million, and that the two parties will invest US$280 million to set up a joint venture in Hong Kong to pay for transactions, etc., and that the company will indirectly hold 74.5% of the shares after the transaction is completed. The target company had revenue of 2,054 billion yuan and net profit of 221 million yuan from January to June 2025. As of the announcement date, the deal has completed anti-monopoly and Italian FDI reviews, and is still subject to review by the company's shareholders' meetings, Dutch, German FDI, US CFIUS reviews, and domestic and overseas investment filings or approval. The transaction has risks such as performance, approval, and integration.

Sanan Optoelectronics announced that the company plans to purchase 100% of Lumileds Holding B.V., with overseas investor Inari for US$239 million, and that the two parties will invest US$280 million to set up a joint venture in Hong Kong to pay for transactions, etc., and that the company will indirectly hold 74.5% of the shares after the transaction is completed. The target company had revenue of 2,054 billion yuan and net profit of 221 million yuan from January to June 2025. As of the announcement date, the deal has completed anti-monopoly and Italian FDI reviews, and is still subject to review by the company's shareholders' meetings, Dutch, German FDI, US CFIUS reviews, and domestic and overseas investment filings or approval. The transaction has risks such as performance, approval, and integration.