Huacan Optoelectronics: Subsidiaries are expected to receive 50 million government subsidies

Huacan Optoelectronics announced on the evening of September 24 that the Yiwu Information Optoelectronics High-tech Industrial Park Management Committee agreed to allocate the wholly-owned subsidiaries Lanjing Technology (Yiwu) and Huacan Optoelectronics (Zhejiang) for the third quarter industrial development subsidy of 12.5 million yuan and 37.5 million yuan. Yuan, totaling 50 million yuan, the above amount will be recognized as non-operating income and will be subject to corporate income tax at a rate of 25%. It is estimated that the company's net profit for 2017 will be 9.375 million yuan and 28.225 million yuan, totaling 37.5 million yuan.

At present, the above subsidy has not yet arrived.


Precision Forging

Refers to the forgings obtained by compressing and deforming a metal blank in a forging die bore with a certain shape. Die forging can be divided into Hot Forging, warm forging and cold forging. Warm forging and cold forging are the future development direction of die forging, and also represent the level of forging technology.

Precision Forging,Die Forging Part,Closed Die Forging Part,Stainless Steel Closed Die

Tianhui Machine Co.,Ltd , https://www.thcastings.com