Wuhu Dehao Runda Optoelectronics Technology Co., Ltd. (hereinafter referred to as “Wuhu Dehao Optoelectronicsâ€), a wholly-owned subsidiary of Guangdong Dehao Runda Electric Co., Ltd. (hereinafter referred to as “the companyâ€), recently received the Finance Bureau of Wuhu Economic and Technological Development Zone. "Notice on Disbursing the Financial Subsidy of Wuhu Dehao Runda Optoelectronics Technology Co., Ltd." (Cai Cai Zi [2013] No. 92).
The notice is called the implementation of the national call for the development of energy-saving and environmental protection industries and the construction of a conservation-oriented society. According to the goal of the Wuhu Municipal Government to accelerate the cultivation of high-tech emerging industrial clusters, the development of the LED photoelectric industry chain in Wuhu City will be promoted. It was agreed to allocate RMB 30.4 million in financial subsidies for the “Technology Three Projects†of Wuhu Dehao Runda Optoelectronics Technology Co., Ltd. in 2013.
The “Three Technology†subsidies given to the company by the Wuhu Municipal Government are based on the company’s major project investment in LED industry, such as 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.
On December 30, 2013, Wuhu Dehao Optoelectronics has received the above subsidy of RMB 30.4 million. According to the accounting standards, the subsidy received this time belongs to the government subsidy related to the income, and 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 2013 profit. However, the company's accounting treatment for the current period of profit and loss will still be subject to the results of the annual audit of the accountant.
Paibanzhushou Xiaoyuzhongyingyong Test
xiaoyuzhongyingyong
2222Bossgoo(China)Tecgnology.
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