HC semitek tonic two subsidiaries of a total of 50 million yuan

Yesterday (24) announcement, a wholly owned subsidiary company of two science and Technology (Yiwu) Co., Ltd. langene received Yiwu photoelectric information high tech Industrial Park Management Committee "on the appropriation of aquamarine technology recently (Yiwu) Co. notice Industrial Development Grant" (Yi Gao [2017] No. 25) documents, agreed to finance the science and Technology (kyamite Yiwu) Limited in 2017 third quarter industry subsidies 12 million 500 thousand yuan.

The company said, the sum of subsidies for the three quarter of 2017 operating income and pay at the rate of 25% corporate income tax will be confirmed, is expected to increase in 2017 net profit of 9 million 375 thousand yuan, accounting for the company's 2016 annual audited attributable to shareholders of listed companies net profit of 3.51%. Is expected to have a positive impact on the operating results of the company in 2017.

In addition, a wholly owned subsidiary of HC semitek (Zhejiang) Co., Ltd. Yiwu received information photoelectric High-tech Industrial Park Management Committee "on the disbursement of HC semitek recently (Zhejiang) Co. notice Industrial Development Grant" (meaning [2017] high No. 26) document, agreed to finance the HC semitek (Zhejiang) Co. companies in the third quarter of 2017 the industrial development grant funds 37 million 500 thousand yuan.

HC semitek said the sum of subsidies for the three quarter of 2017 operating income and pay at the rate of 25% corporate income tax will be confirmed, is expected to increase in 2017 net profit of 28 million 125 thousand yuan, accounting for the company's 2016 annual audited attributable to shareholders of listed companies net profit of 10.53%. Is expected to have a positive impact on the operating results of the company in 2017.

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