Dehao Runda (002005) announced that its wholly-owned subsidiary Dalian Dehao Optoelectronics Technology Co., Ltd. received a subsidy of 20 million yuan from the Jinzhou New District Finance Bureau on December 31, 2011. The subsidy will be used. Dalian Dehao Optoelectronics LED chip industrialization project construction.
According to the announcement, the financial subsidy received by Dehao Runda this time belongs to the government subsidy related to the assets and will be included in the deferred income when it is received. According to the company's accounting policy, the depreciation period of machinery and equipment is ten years. The financial subsidy will be included in the profit and loss in ten years from the official launch of Dalian Dehao Optoelectronics related LED chip equipment.
Dehao Runda expects that the financial subsidy received this time will have a certain positive impact on the company's profit and loss during the next ten years of operation from 2012.
According to the announcement, the financial subsidy received by Dehao Runda this time belongs to the government subsidy related to the assets and will be included in the deferred income when it is received. According to the company's accounting policy, the depreciation period of machinery and equipment is ten years. The financial subsidy will be included in the profit and loss in ten years from the official launch of Dalian Dehao Optoelectronics related LED chip equipment.
Dehao Runda expects that the financial subsidy received this time will have a certain positive impact on the company's profit and loss during the next ten years of operation from 2012.
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