Elec-Tech won 2 million 260 thousand subsidies included in the current profits and losses

The November 12th evening announcement, a wholly owned subsidiary of Wuhu Runda Optoelectronics Technology Co., according to the Wuhu Municipal Bureau of human resources and social security issued in May 23, 2014 "on the declaration of subsidies and promote post steady employment subsidies related issues notice" of the content, combined with their own actual situation for the post steady subsidies and promote employment subsidies.

In November 11, 2014, Wuhu BDO optoelectronics received Wuhu city social insurance payment center of the subsidies allocated a total of 2 million 255 thousand and 200 yuan, accounting for the company's 2013 annual audited net profit of 8 million 826 thousand yuan 25.55%. According to the provisions of the accounting standards, the subsidy received this is a government subsidy associated with income, will be included in the current profit and loss received, it will have a positive impact on the company's 2014 annual earnings. However, the company will be included in the one-time subsidy of the current profit and loss accounting treatment is still subject to the results of the annual audit of certified public accountants shall prevail.

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