Sanan Optoelectronics controlling shareholders exit bankruptcy restructuring proceedings

Verifying
  • Sanan Optoelectronics’ shareholders exited bankruptcy restructuring after Lin Suzhen withdrew her petitions.
  • 1.13 billion Sanan Electronics shares represented 22.65% of Sanan Optoelectronics’ total share capital.
  • September 2 court approval removed the disclosed risk of a change in company control.
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