Today morning, HC semitek, Xiamen XinDa released the government subsidies and government subsidies announcement announcement of progress. HC semitek received a total of four subsidy amounted to 148 million 669 thousand and 200 yuan. In addition, the Xiamen XinDa 40 million government subsidies have been fully received.
According to announcements, HC semitek (hereinafter referred to as "the company") a wholly owned subsidiary of HC semitek (Zhejiang) Co., Ltd. Yiwu received information photoelectric High-tech Industrial Park Management Committee on finance according to "Huacan photoelectric recently (Zhejiang) Co. notice loan interest subsidies" (meaning high [2017]29) allocated to the file HC semitek (Zhejiang) Co. Ltd. from January 2017 to July the loan discount funds totaling 24 million 859 thousand and 500 yuan.
At the same time, HC semitek (Zhejiang) Co., Ltd. also received Yiwu photoelectric information high tech Industrial Park Management Committee "on the disbursement of HC semitek recently (Zhejiang) Co. notice loan interest subsidies" (meaning high [2017]47) documents, agreed to pay dial Huacan photoelectric (Zhejiang) Co. Ltd. from August 2017 to September loan discount capital 23 million 509 thousand and 700 yuan.
Secondly, the company recently received the Wuhan Municipal Science and Technology Bureau of city science and Technology Bureau "issued in 2017 on the second batch acceptance notice of high-tech achievement transformation and industrialization of the project payments" (Vuko [2017] No. 77) documents, agreed to finance the Huacan retainage Au Optronics Co project funds 300 thousand yuan.
In addition, a wholly owned subsidiary of HC semitek (Suzhou) Co., Ltd. received the Zhangjiagang economic and Technological Development Zone Management Committee "on the given HC semitek (Suzhou) recently approved the company R & D and loan interest subsidies" (by Zhang [2017]59) documents, agreed to finance the HC semitek (Suzhou) 2017 R & D and limited loan interest subsidies 100 million yuan of funds.
Huacan said, related to income subsidies of 148 million 669 thousand and 200 yuan, is expected to impact on the company's 2017 annual pre tax profit is 79 million 469 thousand and 200 yuan.
In addition, the Xiamen XinDa (hereinafter referred to as "the company") yesterday (28) announcement that received government subsidies notice, today morning, the company then announced that as of December 28, 2017, the company has received three full cash subsidies totaling 40 million yuan, including three science and technology subsidies 38 million yuan; investment subsidies 800 thousand yuan electricity subsidies; 1 million 200 thousand yuan.
It is reported that the government subsidies received by the Xiamen XinDa is expected to increase 2017 annual total profit of 2 million yuan (Unaudited). Three subsidies 38 million yuan during the confirmation of the relevant expenses included in the current profits and losses.
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