Sanan Optoelectronics announced that the company's second extraordinary shareholders' meeting in 2025 will be held on December 26 to review two proposals. First, a joint foreign investor, Inari purchased 100% of Lumileds Holding B.V.'s shares with US$239 million in cash. The two parties set up a US$280 million joint venture in Hong Kong to pay consideration, etc. at a ratio of 74.5% to 25.5%. The company indirectly held 74.5% of the shares after the transaction was completed. Second, Lin Zhiyang, Xiao Hong, and Li Jinchai were elected as independent directors of the 11th board of directors. The three current independent directors left office after their term of office.

Sanan Optoelectronics announced that the company's second extraordinary shareholders' meeting in 2025 will be held on December 26 to review two proposals. First, a joint foreign investor, Inari purchased 100% of Lumileds Holding B.V.'s shares with US$239 million in cash. The two parties set up a US$280 million joint venture in Hong Kong to pay consideration, etc. at a ratio of 74.5% to 25.5%. The company indirectly held 74.5% of the shares after the transaction was completed. Second, Lin Zhiyang, Xiao Hong, and Li Jinchai were elected as independent directors of the 11th board of directors. The three current independent directors left office after their term of office.