Sihai network

Science and technology innovation board Xinguang photoelectricity won 10 million yuan of listing sub

On November 12, it was announced that Harbin Xinguang Optoelectronic Technology Co., Ltd. (hereinafter referred to as "Xinguang optoelectronic" with stock code of 688011), a listed company of science and technology innovation board, received 10 million yuan of listing subsidy funds.

According to the announcement, on November 12, 2019, SGOT received the notice of Harbin finance bureau on Issuing subsidy funds for listing of SGOT and other three enterprises. The notice pointed out that according to the notice of Heilongjiang Provincial Department of Finance on the issuance of listing subsidy funds for three enterprises including Xinguang Optoelectronics (heicai Zhigong [2019] No. 439), the company will be given 10 million yuan of listing subsidy funds, and the Financial Bureau of the jurisdiction of the company will allocate the subsidy funds to the company within 15 days after receiving the notice.

The above-mentioned 10 million yuan of government subsidies are revenue related government subsidies, which are included in the company's non operating income. The above-mentioned government subsidies have a positive impact on the company's profit in 2019, and the total profit before tax is expected to increase by 10 million yuan. (Fox)