Sanan Optoelectronics received another financial compensation of 129 million yuan

[High-tech LED News] Sanan Optoelectronics (600703.SH) announced on March 29 that the company received financial subsidies of 12,944,664 yuan.

According to the announcement, according to the goal of the Wuhu Municipal Government to accelerate the cultivation of high-tech emerging industrial clusters, in order to promote the development of the LED optoelectronic industrial chain in the Wuhu Economic and Technological Development Zone, the Finance Bureau of the district gave Sanan Optoelectronics Co., Ltd., a wholly-owned subsidiary of Sanan Optoelectronics Co., Ltd. The company's "technical three" financial subsidy funds.

According to data from the High-tech LED Industry Research Institute (GLII), from April 2010 to now, Sanan Optoelectronics and its holding subsidiaries have accumulated a total of more than 1.1 billion yuan in financial subsidies.

company name Subsidy amount Payment instructions Announcement date
Sanan, Anhui 12944.6640 million yuan The Finance Bureau of Wuhu Economic and Technological Development Zone gave the “three science and technology” financial subsidy funds to Sanan, Anhui Announcement of March 29, 2011
Sanan, Anhui 93.6 million yuan Wuhu City Government 13 equipment schedule subsidies Announcement on March 25, 2011
Sanan, Anhui 100.8 million yuan Wuhu Municipal Government gave 14 units of equipment progress subsidies Announcement of March 8, 2011
Sanan, Anhui 55.20 million yuan Wuhu Municipal Government gave 8 units of equipment to subsidize the progress Announcement on March 1, 2011
Sanan, Anhui 60 million yuan Wuhu Municipal Government gave 8 units of equipment to subsidize the progress Announcement of February 22, 2011
Sanan, Anhui 10 million yuan LED Wuhu Optoelectronics Industrialization (Phase I) project was included in the 2010 Central Investment Local Cut Electronic Information Industrialization Project, and the available project loan national interest subsidy fund January 18, 2011
Sanan, Anhui 89.52 million yuan 15 equipment schedule subsidies granted by the People's Government of Wuhu City, Anhui Province January 11, 2011
Xiamen Sanan 17.5 million yuan The first phase of the financial subsidy fund of the National Golden Sun Demonstration Project transferred by the Xiamen Municipal Finance Bureau December 31, 2010
Xiamen Sanan 4.8 million yuan Funds for the second batch of electronic information industry revitalization and technological transformation projects funded by the Xiamen Municipal Finance Bureau in 2010 December 29, 2010
Sanan, Anhui 80 million yuan The Finance Bureau of Wuhu Economic and Technological Development Zone allocated funds to the “three science and technology” financial subsidy funds of Anhui Sanan in 2010 December 21, 2010
Sanan, Anhui 135.52 million yuan Wuhu Municipal Government of Anhui Province gave 15 equipment progress subsidies and 10 equipment deposit subsidies December 17, 2010
Sanan, Anhui 117.6 million yuan The Wuhu Municipal Government granted 12 units of equipment progress subsidies and 12 equipment subsidies. October 21, 2010
Sanan, Anhui 43.2 million yuan Wuhu Municipal Government of Anhui Province granted partial subsidies for 12 sets of equipment September 29, 2010

Tianjin Sanan
2 million yuan LED new light source and related products manufacturing project won the 2010 Tianjin Industrial Technology Project (Major Industrial Project) subsidy fund subsidy
August 31, 2010
Sanan, Anhui 31.2 million yuan Wuhu Municipal Government of Anhui Province granted partial subsidies for 9 pieces of equipment August 19, 2010
Sanan, Anhui 30 million yuan Wuhu Municipal Government of Anhui Province granted partial subsidies for 9 pieces of equipment August 5, 2010
Sanan, Anhui 57.6 million yuan Anhui Wuhu Municipal Government granted partial subsidies to 16 equipment July 2, 2010
Sanan, Anhui 89.52 million yuan Wuhu Municipal Government grants partial subsidies for 30 units May 19, 2010
Sanan, Anhui 30 million yuan Wuhu Municipal Government grants partial subsidies for 10 equipment April 8, 2010
total 116,750,664 yuan

Source: GLII is based on the full subsidy announcement from Sanan Optoelectronics from April 2010 to March 2011

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