Today morning, the announcement, recently, a subsidiary of Bengbu Yi three Semiconductor Co. Ltd. (hereinafter referred to as the "three Bengbu Yi semiconductor") received Bengbu Municipal Bureau of Finance issued "on the 2015-2016 annual national import discount interest funds notice", Bengbu Yi three semiconductor allocated funds for 1 million 141 thousand yuan discount.
According to the announcement, in September 28, 2017, Bengbu received three Yi semiconductor funded Bengbu high tech Industrial Development Zone, the import subsidy 1 million 141 thousand yuan, accounting for 2016 of the company's audited net profit of 31 million 719 thousand and 900 yuan 3.60%. The company said the subsidy is received and income related government subsidies will be included in the current profits and losses to receive, it will have a positive impact on the company's 2017 annual profit.
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