San’an Opto has decided to allocate a total of RMB 500 million ($80.03 million) to three subsidiaries including Anhui San’an Opto, Tianjin San’an Opto, and Xiamen San’an Opto for production expansion, according to a latest company announcement.

German's Federal Ministry of Education and Research (BMBF)-funded joint project R2D2 will start in November 2014 aiming at the investigation of production-related processes and technologies for the manufacturing of flexible OLED.

The Chinese government LED equipment subsidy policies lead to a global increase of more than 1,000 MOCVD equipment in 2011, which is the root to the industry’s oversupply situation, according to a Chinese-language Commercial Times report. Manufacturers have yet to fully install and utilize all the units purchased.

San’an announced on December 13th after market hours that the company’s subsidiary Fuzhou San’an received RMB 13.60 million (US $2.34 million) sapphire substrate subsidy under “three technology projects” from Anxi County Ministry of Finance

Yankon announced the company has finally received cleared funds for the 2012 high-power lighting product promotion subsidy from the government.

San'an released a statement that on September 30th they received Anxi county finance bureau “sapphire substrate project."