On December 25, Huacan Optoelectronics (300323) announced the evening announcement that Huacan Optoelectronics (Suzhou) Co., Ltd., a wholly-owned subsidiary of the company, received the “Administrative Committee of Zhangjiagang Economic and Technological Development Zone†issued “About Huacan Optoelectronics (Suzhou) The approval of the Industrial Development Subsidy of the Co., Ltd. agreed to allocate Huafu Optoelectronics (Suzhou) Co., Ltd. for the third quarter of 2015, the industrial development subsidy fund of 56.4 million yuan.
According to the announcement, the above-mentioned subsidy fund of 56.4 million yuan has been disbursed to the company's account in recent days. According to relevant regulations, the subsidy will be recognized as non-operating income in the third quarter of 2015 and will be subject to corporate income tax at a rate of 15%. It is expected to increase the company's net income in 2015. The profit was 47.94 million yuan.
It is understood that on December 2, Huacan Optoelectronics released an evening announcement that Huacan Optoelectronics (Suzhou) Co., Ltd., a wholly-owned subsidiary of the company, recently received the Jiangsu Provincial Finance Bureau and the Jiangsu Provincial Department of Science and Technology jointly issued the "Jiangsu Provincial Finance Bureau." The Jiangsu Provincial Department of Science and Technology issued a notice on the 2015 provincial-level enterprise innovation and achievements transformation special fund (the first batch), Suzhou Subsidiary's "high-power high-efficiency epitaxy and chip technology research and industrialization" project won 10 million yuan Special fund support. The Suzhou subsidiary received the first special fund of 6 million yuan on December 1.
Huacan Optoelectronics said that according to relevant regulations, the subsidy will be recognized as non-operating income in the fourth quarter of 2015 and will be subject to corporate income tax at a rate of 15%. It is expected to increase the company's 2015 net profit by 5.1 million yuan.
According to the third quarterly report of Huacan Optoelectronics, in the third quarter of 2015, Huacan Optoelectronics' revenue reached 265 million yuan, a year-on-year increase of 22.78%. In the first three quarters, the total operating income was 699 million yuan, a year-on-year increase of 34.41%.
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