NBD AI Bulletin，San'an Optoelectronics Co., Ltd. (the Company, SH 600703, closing price: 29.98 yuan) announced on July 13 that National Integrated Circuit Industry Investment Fund Co., Ltd. reduced its holdings in the Company by a total of 44.79 million shares, or 1% of the Company's total share capital, through centralized bidding transaction from July 8, 2020 to July 10, 2020.

NBD AI Review: The last time San'an Optoelectronics Co., Ltd. announced a shareholding reduction was on June 13, 2020, and the stock was down 5.59% on the following trading day. San'an Optoelectronics Co., Ltd. issued two sell-down announcements in the past 12 months.

According to the 2019 annual report, San'an Optoelectronics Co., Ltd.'s main business is LED, accounting for 76.66% of its revenue.

San Optoelectronics Co., Ltd.'s chairman is Lin Zhiqiang, male, 46 years old, bachelor's degree, economist. San Optoelectronics Co., Ltd.'s general manager is Lin Kechuang, male, 44 years old, MBA.

(By Li Menglin)

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