Tcl denies paying bribes to get huge subsidies

Recently, there is news that Tcl a vice president of bribery 300,000 won 80 million financial support, in addition, the news also mentions that Tcl last year received a government subsidy of 2.2 billion, over its net profit, if deducted from the government subsidy, TCL is a serious loss of listed companies. For the above news, TCL group to the sharp observation of the following clarification:

The 1,TCL group has no knowledge of the private dealings of individual individuals in the company, and the company is not involved in the motives and actions of bribery.

2,TCL optoelectronic Technology Module project declared Guangdong Province development of flat panel display industry policy support funds, the project conforms to the declaration conditions, and in accordance with the relevant process through the expert review Group of rigorous argumentation and audit, access to support funds, the process of reporting and expert Review Group comments issued legal compliance.

3, it is inaccurate to say that government subsidy is a corporate profit. The reasons are as follows:

2013 TCL Group received a variety of government subsidy income, which is related to the business activities of the subsidy amount of 860 million, including software products value-added tax rebate, huimin project Energy-saving subsidies, scrap home appliances, such as the dismantling of subsidies and other projects, are the national industry policy for the return of funds, In accordance with the provisions of this part of the amount of goods sold in the price of the consumer or compensation for the loss of operating costs (such as home appliances dismantling subsidies), only reflected in different accounting subjects, the corporate profits have no real impact.

Huaxing PV 850 million subsidy income for the previous year of asset construction, in accordance with accounting standards in the current year into the operating income (details of this government subsidy income, the company's previous disclosure notice). Other non-recurrent profit and loss of the government subsidy income of 490 million yuan, mainly used for the company's scientific research and technical innovation subsidies, 2013, TCL Group of Research and development investment amounted to 3.2 billion yuan.