Tonic! Our wholly owned subsidiary received government subsidies of nearly 49 million

Today (14) evening, M.L.S. announced that a wholly owned subsidiary of Jiangxi Linsen Lighting Limited recently received Jiangxi Woodlans Management Committee of Jinggangshan economic and Technological Development Zone allocated by government subsidies of 48972000 yuan.

In accordance with the accounting standards for Enterprises No. sixteenth - government grants, the company recognized the above subsidies as deferred earnings and is expected to have an impact on the company's 2017 annual profits.

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