To protect investors rights, San’an Opto suspended trade on the Chinese bourse on July 8, 2015, due to the uncertain outcome of an important company decision that potentially could have impacted its stock performance. The company explained the trade suspension was to ensure all information was transparent, open and fair.

On July 13, the company finally resumed trade and revealed it had signed an important strategic business cooperation agreement with Shanghai Institute of Aerospace and Electronics to develop LED-based LiFi products, car internet systems, smart light monitoring devices and other IC applications.

According to the 10-year partnership agreement, San’an Opto will be responsible for procuring the LED chips used for the projects. Shanghai Institute of Aerospace and Electronics is an important GaAs and GaN chip foundry. The institute will also give San’an Opto preferential treatment, and choose the company over other suppliers with similar technology performance and competitiveness levels.

San'an Opto and the insitute are still seeking the best cooperation model for civilian and military organizations, stated the press release.