On October 10th, Dehao Runda issued a notice saying that its wholly-owned subsidiary Dalian Dehao Optoelectronics Technology Co., Ltd. recently received the Dalian Jinzhou New District Finance Bureau's “Development of Dehao Optoelectronics 2011 Electronic Information Industry Revitalization and Technical Renovation Project†Notice of Funding for Subsidy Funds in the Central Budget. The notice stated that according to the Notice on the Budget (Provision) of the Central Budget within the Electronic Information Industry Revitalization and Technical Renovation Project (Second Batch), Dalian Dehao Optoelectronics was allocated 6 million yuan for Dalian Dehao Optoelectronics Co., Ltd. LED chip industrialization project construction.
On September 29, Dalian Dehao Optoelectronics received the above financial subsidy of 6 million yuan. Dehao Runda said that the financial subsidies received this time are government-related subsidies related to assets, which will be included in the deferred income when received, and then evenly distributed over the useful life of the asset from the time the relevant assets are available for use. Including the non-operating income, the financial subsidy will be included in the profit and loss in ten years from the official launch of Dalian Dehao Optoelectronics related LED chip equipment. Dehao Runda expects that the financial subsidy received this time will have a certain positive impact on the company's profit and loss during the next ten years of operation from 2012.
On September 29, Dalian Dehao Optoelectronics received the above financial subsidy of 6 million yuan. Dehao Runda said that the financial subsidies received this time are government-related subsidies related to assets, which will be included in the deferred income when received, and then evenly distributed over the useful life of the asset from the time the relevant assets are available for use. Including the non-operating income, the financial subsidy will be included in the profit and loss in ten years from the official launch of Dalian Dehao Optoelectronics related LED chip equipment. Dehao Runda expects that the financial subsidy received this time will have a certain positive impact on the company's profit and loss during the next ten years of operation from 2012.
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