Recently, the LED circle has been a little restless by the "China-US trade war" and "337 investigation." Just as the attention of many LED people was attracted by these two major events, Mulinsen and Sanan Optoelectronics issued good news and announced that the subsidiaries received government subsidies.
On March 30, Mulinsen (hereinafter referred to as “the companyâ€) announced that the company’s wholly-owned subsidiary, Jiangxi Mulinsen Lighting Co., Ltd. (hereinafter referred to as “Jiangxi Mulinsenâ€) received government subsidy funds of RMB 12,722,600, and the funds were in 2018. On March 29, it was transferred to the Jiangxi Mulinsen company account.
According to relevant regulations, government subsidies related to assets refer to government subsidies acquired by enterprises for the purpose of purchasing or constructing or otherwise forming long-term assets; government subsidies related to income refer to the government related to assets. Government subsidies other than subsidies. The government subsidies obtained by the company are not used for purchase or construction or other forms of long-term assets, so it is a government subsidy related to income.
In addition, the government subsidies received this time are expected to increase the company's profit for the year of RMB 12,722,600.
On March 28, Sanan Optoelectronics announced that Quanzhou Sanan Semiconductor Technology Co., Ltd. (hereinafter referred to as “Sanan Semiconductorâ€), a wholly-owned subsidiary of the company, received a subsidy of RMB 190 million for infrastructure and engineering construction.
It is reported that on December 6, 2017, Sanan Optoelectronics announced that the company signed an Investment Cooperation Agreement with the People's Government of Quanzhou City of Fujian Province and the People's Government of Nan'an City of Fujian Province. The company will invest 333 in Nan'an Park, Quanzhou, Quanzhou, Fujian Province. 100 million yuan engaged in industrialization projects; the company set up a wholly-owned subsidiary Sanan Semiconductor in Nan'an Park, Quanzhou, Quanzhou, Fujian Province, mainly engaged in integrated circuit design and manufacturing; engineering and technology research and experimental development; optoelectronic devices and other electronic device manufacturing; Photoelectric technology research, consulting, services; production and sales of electronic products.
According to the signed Investment Cooperation Agreement, on March 27, 2018, Sanan Semiconductor received a grant of infrastructure and engineering construction grant of RMB 190 million.
In fact, in addition to Mulinsen and Sanan Optoelectronics, which received government subsidies in the past two days, in early March, Hongli Zhihui Subsidiary also received government subsidies.
On the evening of March 6, Hongli Zhihui announced in the evening that the company's controlling subsidiary, Jiangxi Hongli Photoelectric Co., Ltd. received an industrial support fund of 15.1229 million from the Finance Bureau of Nanchang Linkong Economic Zone on March 6, 2018. Yuan Renminbi. The government subsidy is issued in cash, and the subsidy has been paid. The government subsidy related to the income is recognized as current income upon receipt.
Hongli Zhihui said that the above government subsidies are not related to the company's daily business activities and are not sustainable.
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