Yunnan germanium company and its subsidiaries received government subsidies totaling 13.1476 million yuan.

Published: Sep 21, 2020 11:49

Source: Yunnan germanium industry

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[Yunnan Germanium Company and its subsidiaries received a total of 13.1476 million yuan in government subsidies] Yunnan Lincang Xinyuan Germanium Industry Co., Ltd. and its subsidiaries Yunnan Dongchang Metal processing Co., Ltd., Yunnan Xinyao Semiconductor Materials Co., Ltd., Yunnan Zhongke Xinyuan Crystal material Co., Ltd., Kunming Yungermanium High-tech Co., Ltd., Wuhan Yunjingfei Optical Fiber Materials Co., Ltd. received a total of 15 government subsidies from June 30, 2020 to September 17, 2020. The total amount is 13.1476 million yuan.

SMM: a few days ago, the Yunnan germanium industry issued an announcement about the company and its subsidiaries receiving government subsidies, according to the notice. Yunnan Lincang Xinyuan Germanium Industry Co., Ltd. and its subsidiaries Yunnan Dongchang Metal processing Co., Ltd., Yunnan Xinyao Semiconductor Materials Co., Ltd., Yunnan Science and Technology Xinyuan Crystal Materials Co., Ltd., Kunming Yunjingfei Optical Fiber Materials Co., Ltd., received a total of 15 government subsidies from June 30, 2020 to September 17, 2020, totaling 13.1476 million yuan. The details are as follows:

The above government subsidy funds have a positive impact on the company's profit in 2020, which is expected to increase the company's total profit by about 907600 yuan.

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