Changelight, a group of government subsidy, pockets of a drum drum

Yesterday (25) evening and this morning, changelight and rectangular group have released government subsidies announcement.

According to the announcement, a wholly owned subsidiary of Jiangxi changelight changelight Co. Ltd. (hereinafter referred to as "the company") recently received the Nanchang City New District treasury payment center funded enterprises support funds totaling 30 million yuan, the Department of the government grants related to income received and recognized in profit or loss. The company will receive 30 million yuan government subsidy is divided into income related subsidies, the impact on the company's 2017 annual net profit is 22 million 500 thousand yuan.

A group (hereinafter referred to as "the company") said that the company recently received the Shenzhen City Council "on 2017 for the innovation of enterprise research and Development Grant second Grants Fund notice", "according to the Shenzhen municipal industry special funds appropriated by the operating rules" (deep Finance Division [2010] No. 173) and "on the issue of" special financial the funds entrusted by Shenzhen municipal commercial bank supervision scheme > "(deep view [2012] No. 1), funded company research and development in 2017 second batch of corporate funding plan funded 1 million 892 thousand yuan. The company and its subsidiaries in January 1, 2017 to the date of the announcement to obtain a total of the government grant funds totaling 12 million 356 thousand and 700 yuan.

The company intends to 12 million 356 thousand and 700 yuan of government subsidies included in operating income. The subsidy is expected to increase the company's 2017 annual and annual net profit of about 11 million yuan, the final accounting treatment still need to results of the annual audit accountant confirmation.

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