San'an Optoelectronics' controlling shareholder reduces pledged shares

Xiamen San'an Electronics Co., Ltd., the controlling shareholder of San'an Optoelectronics, has partially released a pledge on 16,000,000 shares. This amount is equivalent to 1.32% of its total holdings and 0.32% of the company's total share capital.

The release, processed on September 19, 2025, was from a pledge held by Zheshang Bank Co., Ltd. Fuzhou Branch. Following this transaction, San'an Electronics' cumulative pledged shares now stand at 559,750,000, representing 46.11% of its total 1,213,823,341 shares.

Combined with its ultimate controlling shareholder, Fujian San'an Group Co., Ltd., the total pledged shares amount to 687,950,000. This figure represents 46.78% of their combined 1,470,456,883 shares in San'an Optoelectronics. The company stated that San'an Electronics plans to determine future equity pledge financing based on actual demand and will disclose any changes in accordance with relevant regulations.