Yunnan Lincang Xinyuan Germanium Industry Co., Ltd. and its subsidiaries Kunming Yungermanium High and New Technology Co., Ltd., Yunnan Zhongke Xinyuan Crystal Materials Co., Ltd., Yunnan Dongchang Metal processing Co., Ltd., Wuhan Yunjing Feifei Optical Fiber Materials Co., Ltd., from January 1 to June 27, 2019, received a total of 9 government subsidies, totaling 3.6185 million yuan.
The impact of subsidies on the company
Yunnan germanium industry said that the above government subsidies have a positive impact on the company's 2019 profit, which is expected to increase the company's total profit of about 3.6185 million yuan in 2019.
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