Sanan Optoelectronics announced that Anhui Sanan Optoelectronics Co., Ltd., a subsidiary of the company, has received a total subsidy of 85.52 million yuan from 30 MOCVD equipments granted by the People's Government of Wuhu City, Anhui Province. The company has already received 10 units of subsidies for 10 units.
According to the “Investment Cooperation Agreement of Sanan Optoelectronics Wuhu Photoelectric Industrialization Project†signed with the People’s Government of Wuhu City, Anhui Province, it is agreed that the Wuhu Municipal People’s Government of Anhui Province will provide corresponding proportion subsidies according to the progress of purchasing MOCVD equipment. Anhui Sanan Optoelectronics Co., Ltd. has ordered 40 MOCVD main production equipments from US Veeco Precision Instruments Co., Ltd. (Editor: Green Light Xiang)
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