Ruifeng Optoelectronics: 5 million subsidies for new high-efficiency LED light source devices

  On the evening of the 8th, Shenzhen Ruifeng Optoelectronics Co., Ltd. issued a notice saying that according to the Shenzhen Development and Reform Commission, the Shenzhen Economic and Trade and Information Technology Commission, the Shenzhen Science and Technology Innovation Commission, and the Shenzhen Municipal Finance Committee, the Shenzhen Development and Reform Commission [2014] ] No. 555 "Notice of the First Supporting Plan for the Strategic Emerging Industry Development Special Fund in Shenzhen in 2014", Shenzhen Ruifeng Optoelectronics Co., Ltd. (hereinafter referred to as "the company") new package high-efficiency LED light source device industrialization project Received a subsidy of 5 million yuan.

The above funds have been disbursed to the company's capital account in recent days. According to the relevant provisions of the “Accounting Standards for Business Enterprises No. 16 – Government Subsidy”, the company will include deferred income according to regulations and have a certain positive impact on the company's profit and loss for the year. The specific accounting treatment shall be based on the final result of the auditor's annual audit confirmation.