Intensive disclosure of performance in the middle of the year, many government subsidies

In the A shares listed companies gradually disclosed the report of the performance of the report, while several listed companies have been exposed to the government "red package". Recently, Mu Linsen, OPPLE lighting, Ruifeng optoelectronic published "supplement" related announcements.

According to the 11 nightly announcement, all capital subsidiary of Yiwu wood lighting technology Co., Ltd. (hereinafter referred to as "Yiwu wood forest") received Yiwu information and photoelectric High-tech Industrial Park Management Committee in July 10, 2018 "notice on the allocation of investment and construction subsidies for Yiwu wood lighting technology Co., Ltd." The document (Yi hi [2018]54) agreed to allocate 50 million yuan for the investment and construction of Yiwu wood lighting technology Co., Ltd. The above funds were allocated to the account of the Yiwu wood company in July 11, 2018, which is a benefit related government subsidy and is recognized as the current income at the time of receipt.

The government subsidies we received are expected to increase the company's total profit of RMB 50 million yuan this year.

Unlike Mr. wood, OPPLE lighting announced that from August 3, 2017 to July 14, 2018, the company and the controlled stock company received a total of 85030479.07 yuan in a total of 12 months of revenue related government subsidies.

OPPLE lighting and holding subsidiaries have received a cumulative amount of government subsidies related to earnings for 12 months in a row.

According to the announcement, as of July 14th, the total amount of government subsidies received for 12 months in 12 consecutive months was 76 million 699 thousand and 100 yuan. The specific accounting treatment and the impact on the profits and losses of the company still need to be confirmed by the audit institutions' annual audit results.

In addition, the 15 evening, Ruifeng photoelectric announcement that all capital subsidiary of Zhejiang Ruifeng photoelectric Co., Ltd. (hereinafter referred to as "Zhejiang Ruifeng") recently received the Yiwu information and photoelectric High-tech Industrial Park Management Committee of the "2017 annual local financial contribution award encouragement" 4001665.18 yuan.

From January 1, 2018 to July 16, 2018, the government subsidy of Ruifeng optoelectronic and its subsidiaries was 14754557.83 yuan. All of the government subsidies are income related government subsidies, which are included in the "other income" subjects, which are expected to increase the company's total pre tax profit of 14754557.83 yuan in 2018.

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