Wanrun Technology LED module project received 10 million yuan of special government funds

Wanrun Technology announced that according to the "Guangdong Province Science and Technology Department issued the third batch of provincial strategic emerging industries development special funds LED industry proposed project publicity", the company and South China University of Technology shared "air jet cooling and The project of the development and industrialization of LED modular lighting for wireless addressing control has been approved by the Guangdong Provincial Department of Science and Technology and listed as the third batch of provincial special fund development support plan for strategic emerging industries, with a special government fund of RMB 10 million. .

The company will strictly use the special fund in accordance with the "Guangdong Science and Technology Plan Project Contract" and confirm the special fund as deferred income according to the relevant provisions of the "Accounting Standards for Business Enterprises No. 16 - Government Subsidy". The use of funds and the progress of the project combined with the progress of the project are included in the non-operating income. It is not expected to have an impact on the company's 2012 annual profit. The final accounting treatment is based on the audit results of the accounting firm.

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Shenzhen Niimoo Innovative Technology Co., Ltd , https://www.niimootech.com