Ruifeng Optoelectronics received 2 government subsidies exceeding 5 million yuan
On March 31, Ruifeng Optoelectronics (300241) issued a notice saying that it received a government subsidy of 5.053 million yuan recently.
details as follows:
1. On March 29, 2017, the Shenzhen Finance Committee received the “2016 Shenzhen Enterprise R&D Expenses Subsidy†of RMB 3.053 million;
2. On March 31, 2017, the project of “Supporting the Cultivation and Introduction of Headquarters Leading Enterprises†by the Guangming New District Development and Finance Bureau of Shenzhen City received 2 million yuan.
The above-mentioned subsidy funds companies are reflected in the “Deferred income†subject, and amortization is recognized in accordance with the accounting standards to confirm non-operating income. Investors are advised to pay attention to investment risks.
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