Three subsidiary of an investment loan of 140 million integrated circuits

Sanan optoelectronics 15 announcement that the company owned subsidiary of Xiamen Sanan integrated circuit Co. Ltd. (hereinafter referred to as the "three integration") to the shareholders of Fujian Sanan Group Company Limited (hereinafter referred to as the "three group") borrowing 140 million yuan, the annual interest rate is 1.20%, the money paid in installments, during the ten years.

The National Development Fund Limited company agreed to support business development and integration of Sanan Sanan group, the main contents are as follows: the National Development Fund Limited Sanan Group invested 140 million yuan capital ratio of 0.62%, the funds for investment in three IC project construction, Sanan group pay an annual National Development Fund Limited 1.2% investment income. In October 10, 2017 October 10, 2019, Sanan group, October 10, 2021, October 10, 2023 and October 9, 2025 respectively, to pay 3 million yuan, 3 million yuan, 5 million yuan, 29 million yuan, 100 million yuan to repurchase shares of capital.

Notice that the loan will help supplement Sanan integrated funds needed, saving financial costs, have a positive impact on the company's current and future financial condition and operating results.

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