Dehao Runda received a subsidy of 130 million yuan from the Wuhu Municipal Government

Dehao Runda recently announced that the led lawn lamp, the wholly-owned subsidiary of Dehaorun, Wuhu Dehao Runda Optoelectronics Technology Co., Ltd. recently received the “Technology Three” financial subsidy fund of RMB 130 million allocated by the Wuhu Municipal Government. .

The announcement shows that the subsidy was received on January 21, and the payment was based on a major project investment in the LED industry chain of LED epitaxial wafers, LED chips, LED packaging and applications in Wuhu. Its investment and development in technology research and development, intermediate testing and other aspects.

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 2011 profit.