According to the sun received fourth government grants photo 50 million 60 thousand

Panorama news network, according to yesterday's announcement that the company recently received the Xiamen torch hi tech Industrial Development Zone Management Committee of fourth grants totaling $50 million 64 thousand and 300.

The announcement said that this subsidy is based on the company and the Xiamen torch Management Committee signed the investment agreement, the company purchased for the production of LED blue, green epitaxial wafers MOCVD equipment subsidies.

According to the relevant provisions of the accounting standards for enterprises, according to the relevant provisions of the accounting standards for enterprises, these subsidies are recognized as deferred income received at the time of receipt, and the average life expectancy of the relevant assets.

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