Sanan Optoelectronics has recently been informed by its controlling shareholder, San’an Integrated Circuit Co., Ltd., that creditor Lin Suzhen has filed a request with the Xiamen Intermediate People’s Court to withdraw the bankruptcy restructuring petition against San’an Integrated Circuit Co., Ltd. and San’an Group. The court has approved this withdrawal. It is important to note that Sanan Optoelectronics operates as an independent and self-sufficient entity. Currently, all facets of its production, operations, and management are proceeding as usual.
