Sanan Optoelectronics clarified 1.18 billion rumors

Sanan Optoelectronics released a clarification announcement today.

According to the announcement, the relevant media recently reported that the company has signed a $1.18 billion high-concentration solar system and component production project. In this regard, the management of the consulting company, the controlling shareholder and the actual controller, the relevant clarification statement is as follows: On September 8, 2010, the company did not sign a large order of 1.18 billion US dollars; the company's shareholder Fujian Sanan Group Co., Ltd. Said: Sanan Group) and the Wuhu Economic and Technological Development Zone (hereinafter referred to as: Development Zone) Management Committee signed the "Investment Letter of Intent": Sanan Group plans to invest 8 billion yuan in the development zone to produce steel structural parts and high and low voltage switchgear The equipment is also planned to produce the above equipment for the Wuhu ground application high-concentration solar power generation system and component project.

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