Huacan optoelectronic company compensated 11 million net profit growth of 8 million 250 thousand

HC semitek (300323) 20 evening announcement, a wholly owned subsidiary of HC semitek (Suzhou) Co., Ltd. received the Zhangjiagang economic and Technological Development Zone Management Committee "on the given HC semitek on October 17th (Suzhou) limited approval" industrial development subsidy documents, agreed to finance the HC semitek (Suzhou) Co., Ltd. in 2014 the three quarter industry subsidies 11 million yuan. The sum of the subsidy has been allocated to Hua Yue Optoelectronics (Suzhou) Co., ltd..

According to relevant regulations, the subsidiary of the subsidy will be recognized as the fourth quarter of 2014 operating income and corporate income tax rate of 25%, is expected to increase the company's net profit of $8 million 250 thousand in 2014.

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