San'an Optoelectronics' controlling shareholder unpledges 6m shares

San'an Optoelectronics Co., Ltd. announced on October 11, 2025, that its controlling shareholder, Xiamen San'an Electronics Co., Ltd., has unpledged 6,000,000 shares of the company's stock. These shares, representing 0.49% of San'an Electronics' total holdings and 0.12% of San'an Optoelectronics' total share capital, were previously pledged to Zheshang Bank Co., Ltd., Fuzhou Branch, with the release taking effect on October 9, 2025.

Following this transaction, San'an Electronics now holds 1,213,823,341 shares, accounting for 24.33% of San'an Optoelectronics' total share capital. The cumulative number of pledged shares held by San'an Electronics has decreased to 523,250,000 shares, representing 43.11% of its total holdings and 10.49% of the company's total share capital.

The combined pledged holdings of San'an Electronics and its controlling shareholder, Fujian San'an Group Co., Ltd., now stand at 651,450,000 shares, representing 44.30% of their total combined holdings and 13.06% of San'an Optoelectronics' total share capital. San'an Electronics stated that future equity pledge financing plans would be determined based on actual needs, with public disclosures made as required by law.