Sanan Optoelectronics: Providing 800 million RMB in guarantee for its wholly-owned subsidiary.
San'an Optoelectronics announced that the company provided a joint liability guarantee for the business of its wholly-owned subsidiary San'an Integration with Xin Xin Financing and Leasing and the Xiamen Branch of Construction Bank, with a total guarantee amount of 800 million yuan, previously the actual guarantee balance was 2.05 billion yuan. As of the announcement date, the company's total external guarantees amounted to 16.362 billion yuan, accounting for 44.38% of the net assets audited in the most recent period, with no overdue external guarantees. San'an Integration achieved a revenue of 2.527 billion yuan and a net profit of 238 million yuan in the first three quarters of 2025. This guarantee is within the amount approved at the first extraordinary shareholders' meeting in 2026 and is in line with the company's interests.
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