According to the contribution of nearly 30 million of the proportion of income and profit

On the evening of November 5th, according to Au Optronics Co, Xiamen, the company recently received the Xiamen torch hi tech Industrial Development Zone Management Committee grants 28 million 739 thousand and 907 yuan.

The subsidy is based on the agreement signed by the company and the Xiamen torch Administrative Committee signed an investment agreement, the company purchased for the production of LED blue, green epitaxial wafer MOCVD equipment subsidies.

According to the relevant provisions of the accounting standards for enterprises, these subsidies are recognized as deferred income at the time of receipt, and the average life expectancy of the relevant assets included in profit or loss.

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