San'an Optoelectronics announced on September 25th that the company's wholly owned subsidiary Suncore Photovoltaic Technology Co. drew up an equity fund of RMB$200 million to establish a factory in Xiamen. The new factory is expected to work on grid-connected power plant projects and sales for related power plant modules, solar energy power plant system design engineering, construction, technology information, and maintenance service.

San'an sees this investment as a strategy towards further development.