Sanan Optoelectronics recently announced that the company had received the notice from the Anxi County Finance Bureau on the financial subsidies for the sapphire substrate project of Sanan Optoelectronics Co., Ltd. on March 30, 2012. ] Document 78.
Anxi County accelerated the goal of cultivating high-tech emerging industrial clusters and promoted the development of LED photoelectric industry chain in Anxi County. The Anxi County Finance Bureau allocated RMB 100 million for the “Technology Three†financial subsidy for the Sanan Optoelectronic Sapphire Substrate Project.
According to the relevant provisions of the Accounting Standards for Business Enterprises, the subsidy is recognized as current income upon receipt and will have a positive impact on the company's 2012 first quarter results.
Anxi County accelerated the goal of cultivating high-tech emerging industrial clusters and promoted the development of LED photoelectric industry chain in Anxi County. The Anxi County Finance Bureau allocated RMB 100 million for the “Technology Three†financial subsidy for the Sanan Optoelectronic Sapphire Substrate Project.
According to the relevant provisions of the Accounting Standards for Business Enterprises, the subsidy is recognized as current income upon receipt and will have a positive impact on the company's 2012 first quarter results.
Shandong Qingguo Optical Fiber Co., Ltd. , https://www.qgfiber.com