Abstract On August 28, 2012, Sanan Optoelectronics received the “Anxi County Finance Bureau’s Notice on Disbursing the Financial Subsidy of Sanan Optoelectronics Co., Ltd. Sapphire Substrate Project†by Anxi County Finance Bureau, “Anhui Enterprise [2012] No. 399 Document, The main content of the document is: for implementation...
On December 28, 2012, Sanan Optoelectronics received the “Anxi County Finance Bureau’s Notice on Disbursing the Financial Subsidy of Sanan Optoelectronics Co., Ltd. Sapphire Substrate Project†by Anxi County Finance Bureau, An Cai Enterprise [2012] No. 399 Document The main contents are: To implement the call of the state to vigorously develop energy-saving and environmental protection industries and build a conservation-oriented society, according to the county government's goal of accelerating the cultivation of high-tech emerging industrial clusters, promote the development of LED photoelectric industry chain in Anxi County, and sapphire lining for Sanan Optoelectronics The bottom project allocated 30 million yuan of “three science and technology†financial subsidies. Currently, the payment has been received. According to the relevant provisions of the Accounting Standards for Business Enterprises, the subsidy is recognized as current income upon receipt and will have a positive impact on the company's 2012 annual results.
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