April 12 (Reuters) - Sanan Optoelectronics Co Ltd
* Says 2016 net profit up 27.9 percent y/y at 2.2 billion yuan ($319.19 million)
* Says it expects Q1 net profit to rise 45-55 percent y/y versus net profit of 457.2 million yuan year ago
* Says it plans to boost capital of U.S. unit Luminus Inc by $20 million
Further company coverage: ($1 = 6.8925 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)
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