Hexun stock May 19 news Sanan Optoelectronics (600703, shares it) announced today, according to the "Sanan Optoelectronics Wuhu Optoelectronic Industrialization Project Investment Cooperation Agreement" signed with the People's Government of Wuhu City, Anhui Province, agreed to the People's Government of Wuhu City, Anhui Province The corresponding proportion of subsidies is given according to the progress of purchasing MOCVD equipment. The company has ordered MOCVD40 units of LED main production equipment from the United States. The company announced on April 8, 2010 that it has received 10 units of equipment subsidies of 30 million yuan. At present, the company has received a total subsidy of 85.52 million yuan from the other 30 MOCVD equipments granted by the People's Government of Wuhu City, Anhui Province.
Today's opening of Sanan Optoelectronics opened slightly higher than the trend of nearly 8%, mainly due to the receipt of 89.52 million government subsidies by its subsidiaries.
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