Anhui Elec-Tech Wuhu subsidiary received 70 million yuan of financial subsidies

A wholly owned subsidiary of Elec-Tech's announced that Anhui Wuhu Elec-Tech Photoelectric Technology Co. Ltd. has received the day before, Wuhu economic and Technological Development Zone Finance Bureau of science and technology in 2010 three financial subsidies 252 million yuan part of 70 million subsidy.

According to the provisions of accounting standards, this part will receive subsidies to Elec-Tech included in profit or loss, it will have a significant impact on the 2010 annual earnings elec-tech.