Subsidy! China Electronics Co., Ltd. tonic 56 million 400 thousand

HC semitek (300323) October 21st evening announcement, a wholly owned subsidiary of HC semitek (Suzhou) Co. recently received Zhangjiagang economic and Technological Development Zone Management Committee "on the given Huacan photoelectric (Suzhou) Co., Ltd. approved industry subsidies" (Zhang Jingguan [2015]43) documents, agreed to finance the HC semitek (Suzhou) Limited in 2015 third quarter industry subsidies 56 million 400 thousand yuan.

According to the relevant provisions of the "New Accounting Standards No. sixteenth" - government subsidies, subsidies for the 2015 three quarter operating income at the rate of 25% corporate income tax will be confirmed, is expected to increase in 2015 net profit of 42 million 300 thousand yuan, the specific accounting treatment to confirm CPA annual audit results shall prevail. The sum of subsidies allocated to China can photoelectric (Suzhou) Co., Ltd. accounts, the company will be supplementary announcement.

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