LED + photovoltaic + import discount Sanan and then "suck" more than 6151 million yuan

On October 8, Sanan Optoelectronics announced that its wholly-owned subsidiary Anhui Sanan Optoelectronics Co., Ltd. received the “Revolving 2012 Strategic Emerging Industry (Energy Conservation and Environmental Protection) Project of Wuhu City Development and Reform Commission on September 29th. Notice of the Central Budget Investment Plan, Anhui Sanan High-Efficiency Energy-Saving Semiconductor Lighting LED Epitaxy and Chip Industrialization Project received 20 million yuan from the central budget of the 2012 Strategic Emerging Industry (Energy Conservation and Environmental Protection) Project of Anhui Province.

At the same time, Anhui Sanan received an import interest subsidy of RMB 15.814 million in accordance with the subsidy standard for imported products approved by the Ministry of Finance's “Notice on Disbursement of Discounted Funds for Imported Products in 2011”.

In addition, Sanxin Optoelectronics Technology Co., Ltd., a subsidiary of Sanan Optoelectronics Co., Ltd., received a notice from the Finance Bureau of Huainan High-tech Industrial Development Zone on the allocation of special subsidies for the application and research and development of solar core chips on September 30, according to the contents of the document. , Suncore PV received a special financial subsidy of 30 million yuan for the company's chip and research and development subsidies.

Sanan Optoelectronics stated that the above amount was recognized as deferred income upon receipt and was credited to profit or loss during the project benefit period.

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