Recently, Sanan Optoelectronics (600703) announced that it will set up a wholly-owned subsidiary in the United States with its own funds of 9 million US dollars (subject to the approval of the US authorities), mainly engaged in the research and development of LED products.
The announcement shows that the US subsidiary will continue to strengthen the strength of the company's R&D team, which will help improve the company's R&D level and improve the company's product quality. It will also facilitate the company's application for local LED product patent technology and form a self-technical protection barrier to further enhance the company's core competition. We continue to strengthen the company's leading position in the domestic optoelectronic field and the influence of the global optoelectronic field.
The announcement shows that the US subsidiary will continue to strengthen the strength of the company's R&D team, which will help improve the company's R&D level and improve the company's product quality. It will also facilitate the company's application for local LED product patent technology and form a self-technical protection barrier to further enhance the company's core competition. We continue to strengthen the company's leading position in the domestic optoelectronic field and the influence of the global optoelectronic field.
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