Poly can photonics company for 146 million subsidies

25 evening, poly Chan photoelectric Polytron Technologies Inc (hereinafter referred to as the "company") announced that a wholly owned subsidiary of poly Chan photoelectric technology (Suqian) Co., Ltd. (hereinafter referred to as the "Suqian poly Chan") recently received the Suqian economic and Technological Development Zone Finance Bureau "Suqian economic and technological Development Zone Finance Bureau on Finance Poly bright Optoelectronics Technology (Suqian) Co. notice machinery subsidy funds "(Su Kaicai, 2018, No. 15) documents, agreed to finance the Suqian poly Chan machinery subsidies 146 million yuan, and has received the relevant funds.

According to the relevant regulations, the company will the government grants related assets included in deferred revenue, accounting for the final and the specific impact on the company's 2018 annual profit to the audit annual audit confirmation.

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