Sanan Optoelectronics announced that the company's project to acquire 100% of Lumileds Holding B.V., with overseas investors, is progressing smoothly, and has completed antitrust reviews in China and Turkey as well as foreign direct investment reviews in Italy. According to the audit report of Grant Thornton Certified Public Accountants, the total assets of the target company as of June 30, 2025 were 4,019 billion yuan, total liabilities were 2,637 billion yuan, and net assets were 1,382 billion yuan; operating income from January to June 2025 was 2,054 billion yuan, and net profit loss was 221 million yuan. The approval that still needs to be completed for this transaction includes submission to the company's shareholders' meeting for review and approval, passing the Dutch and German foreign direct investment reviews, passing the US Foreign Investment Committee review, and completing domestic and foreign investment filing or approval procedures.

Zhitongcaijing · 2d ago
Sanan Optoelectronics announced that the company's project to acquire 100% of Lumileds Holding B.V., with overseas investors, is progressing smoothly, and has completed antitrust reviews in China and Turkey as well as foreign direct investment reviews in Italy. According to the audit report of Grant Thornton Certified Public Accountants, the total assets of the target company as of June 30, 2025 were 4,019 billion yuan, total liabilities were 2,637 billion yuan, and net assets were 1,382 billion yuan; operating income from January to June 2025 was 2,054 billion yuan, and net profit loss was 221 million yuan. The approval that still needs to be completed for this transaction includes submission to the company's shareholders' meeting for review and approval, passing the Dutch and German foreign direct investment reviews, passing the US Foreign Investment Committee review, and completing domestic and foreign investment filing or approval procedures.