Sanan Optoelectronics announced on April 1, 2015 that the company signed an Investment Agreement with Xiamen City. The company is engaged in the research and development and manufacturing industrialization of integrated circuits in Xiamen. This time, it was awarded 15,000 special support funds for strategic emerging industries in Xiamen. Ten thousand yuan. In addition, Fujian Jingan Optoelectronics Co., Ltd., a wholly-owned subsidiary of the company, received the Notice of the Science and Technology Bureau of Anxi County, Fujian Province and the Finance Bureau of Anxi County on March 31, 2015, “Notice on the Release of Major Science and Technology Funds for 2015â€, Fujian Jingan Optoelectronics Co., Ltd. The industrialization report of the LED sapphire substrate project applied by the company has been approved by the Anxi County Government. After research, it was decided to allocate 20 million yuan for the first phase of the industrialization project of Fujian Jingan Optoelectronics Co., Ltd. At present, the company is the LED epitaxial wafer and chip manufacturer with the largest domestic production capacity and the world's top ranking. It is at the highest end of the industrial chain. With the strong demand in the LED market, the penetration rate of the LED market will gradually increase this year, and the company's market share will also steadily increase. Improvement, operating income and profitability continue to increase; the financial subsidy funds obtained this time will be included in the deferred income, which is expected to have no significant impact on the current operating results, but will help improve the company's research and development level and project economic benefits.
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