8.64 million state subsidy funds for central share subsidiaries

Source: Internet
Author: User
NetEase Financial October 31 News Central shares evening notice, the company's wholly-owned subsidiary of Tianjin Rim Semiconductor Co., Ltd. IGBT and optoelectronic devices used in the area of fused monocrystalline silicon materials research and development and industrialization project has been included in the electronic information industry revitalization and technical renovation projects in the second instalment of the 2010 Central budget Investment Plan,  and received the state subsidy fund 8.64 million.  This fund is mainly used in "IGBT and optoelectronics area fused monocrystalline silicon materials research and development and industrialization" project of infrastructure and equipment procurement, to promote the project construction, speed up the implementation of the project will play a positive role.  The company said that after obtaining the funds, according to the relevant provisions of the "Enterprise Accounting Standards" will be recognized as deferred income, and in accordance with the use of the relevant assets in the current period of profit and loss, the specific accounting treatment must still be audited by the annual audit of the results. Central shares in the three quarterly bulletin showed that the first three quarters of the business income of 889 million yuan, attributable to the parent company owner net profit of 49.09 million yuan.  It is estimated that the net profit attributable to the shareholders of the listed companies in 2010 is 90 million yuan-100 million yuan. Company's products semiconductor materials, new energy materials and semiconductor energy-saving devices in the industry trend of steady rebound, product orders and sales revenue has increased substantially, product gross profit margin, so that the ownership of the listed companies in the net profits significantly increased.

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