On June 6, Dehao Runda issued a notice saying that its wholly-owned subsidiary, Wuhu Dehao Runda Optoelectronics Technology Co., Ltd., recently received the Finance Bureau of Wuhu Economic and Technological Development Zone, regarding the disbursement of the finance of Wuhu Dehao Runda Optoelectronics Technology Co., Ltd. Notice of Subsidy, the Economic Development Zone Management Committee will allocate RMB 48.4 million to the “Technology Three Projects†financial subsidy fund of Wuhu Dehao Runda Optoelectronics Technology Co., Ltd. in 2012.
Dehao Runda said that the subsidy received this time is a government subsidy related to income, which will be included in the current profit and loss when it is received, so it will have a significant positive impact on the company's 2012 earnings.
It is reported that the “Technology Three†subsidy given by the Wuhu Municipal Government is based on the company’s major project investment in the LED industry chain of LED epitaxial wafers, LED chips, LED packaging and applications in Wuhu to support the company’s technology. Investment and development in research and development, intermediate testing and other aspects.
Dehao Runda said that the subsidy received this time is a government subsidy related to income, which will be included in the current profit and loss when it is received, so it will have a significant positive impact on the company's 2012 earnings.
It is reported that the “Technology Three†subsidy given by the Wuhu Municipal Government is based on the company’s major project investment in the LED industry chain of LED epitaxial wafers, LED chips, LED packaging and applications in Wuhu to support the company’s technology. Investment and development in research and development, intermediate testing and other aspects.
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