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[China] Canzi express newsletter company received government subsidies, as was the reduction of dry......

China Electronics Corporation received 12 million 300 thousand yuan of government subsidies

Hua photoelectric October 17th evening announcement, a wholly owned subsidiary of China can photoelectric (Suzhou) Co., Ltd. recently received the government subsidized imports of subsidized projects subsidy 12301925 yuan. According to relevant regulations, the subsidy will be recognized as the fourth quarter of 2016 operating income and corporate income tax rate of 15%, is expected to increase the company's net profit of $10456636.25 in 2016.

Wang Weiyong, according to the disclosure of the plan to reduce the number of shareholders

Changelight announcement, Wang Weiyong holds shares 112 million shares (of the total share capital of the company 15.92%), Wang Weiyong plans to holdings of shares of not more than 25 million shares within the next 6 months since October 18th, is currently the company's total share capital of not more than 3.55%.

Prior to this reduction, Wang Weiyong Department of the company's largest shareholder, but does not belong to the controlling shareholder of the company, the actual controller. After this reduction, Wang Weiyong is no longer the largest shareholder of the company, the company's largest shareholder for the Shenzhen and Jun Masanori Asset Management Co., Ltd. and its concerted action, the company is still in the absence of actual control status. The implementation of the share reduction plan will not lead to changes in the control of listed companies.

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