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[] newsletter Guangpu Huacan won the 9 million 340 thousand year tonic, subsidiary dividends 280 million

312017933.70

According to the announcement, in accordance with the relevant regulations, the company intends to use government subsidies included in other income 813 thousand and 900 yuan, included in operating income of 7 million 349 thousand and 800 yuan, the loan interest deduction of interest expenses in the current financial expenditure of 1 million 173 thousand and 300 yuan. These government subsidies have been credited into account, is expected to increase the company's 2017 annual total profit of 9 million 337 thousand yuan.

On the same day, HC semitek (hereinafter referred to as "the company") announced that the company recently received Huacan photoelectric (Suzhou) Co., Ltd. (hereinafter referred to as "Suzhou subsidiary") the cash dividend payment of 279337577.75 yuan. The Suzhou subsidiary of the consolidated financial statements included in the scope of the company is a wholly owned subsidiary, Suzhou subsidiary company holds 100% of the shares, according to the articles of association of the company and the shareholders decided by large accounting firm (special general partnership) audit, by the end of June 30, 2017 the undistributed profits of $465562629.59 according to the company's cash dividend of 279337577.75 yuan.

Huacan said, the distribution of profits will increase the company's 2017 annual report of the parent company net profit, but does not increase the company's 2017 annual consolidated net profit, therefore, will not affect the company's overall operating performance of the year 2017.

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