From the LED industry's 2016 annual report and the 2017 first quarter report, the core financial indicators of listed companies all showed a significant improvement trend. The core indicators include ROE, revenue scale and growth rate, net profit and growth rate, gross profit margin, and net profit. And operating cash flow, etc.
The LED industry trend is positive and has solid financial data as a verification, which is more determined by the industry's confidence in the upward trend of the LED industry. 2017 will be the starting point for the LED industry to enter a new cycle.
Recently, LED companies' IPOs have been listed, expanded, increased capital, established subsidiaries, patented, and subsidized by the government. The entire LED market has become more active than before.
Dehao Runda Subsidiary Receives 125 Million Government Subsidy
Recently, the holding subsidiary of Guangdong Dehao Runda Electric Co., Ltd., San Francisco Semiconductor Co., Ltd. (hereinafter referred to as â€œèšŒåŸ ä¸‰é¢â€) received the “Finance of Sanqi Semiconductor Co., Ltd.†from the Finance Bureau of the High-tech Industrial Development Zone. Notice of Supporting Funds (蚌高财[2017]48).
The notice stated that in order to speed up the implementation of the LED flip chip project and promote the development of the LED optoelectronic industry in our city, the research decided to approve the payment of 125 million yuan from the industry support fund.
According to the accounting standards, the above subsidies are government subsidies related to income and will be directly included in the current profit and loss, which will have a positive impact on the company's 2017 earnings. However, the company's accounting treatment for the current period of profit and loss will still be subject to the results of the annual audit of the accountant.
Hongli Zhihui wholly-owned subsidiary obtained invention patent certificate
Guangzhou Foda Signal Equipment Co., Ltd. (hereinafter referred to as “Fuda Signalâ€), a wholly-owned subsidiary of Hongli Zhihui Group Co., Ltd., has recently granted a patent for invention patents and obtained relevant patents issued by the State Intellectual Property Office. Certificate, as follows:
The technologies involved in the above invention patents are all one of the main technologies of the Fouda signal. These patents have been applied to the company's existing products. The acquisition of patent rights will not have a major impact on the company's current production and operation, but it will help improve the intellectual property protection system, give full play to the company's independent intellectual property rights, and enhance the company's core competitiveness.
Guoxing Optoelectronics obtained an invention patent
Foshan Guoxing Optoelectronics Co., Ltd. received the patent certificate issued by the State Intellectual Property Office of the People's Republic of China on June 27, 2017. The details are as follows:
The acquisition of the above patents will help to protect and give full play to the company's independent intellectual property rights, promote R&D strength and production process innovation, consolidate the company's technological leadership, enhance the company's core competitiveness, and will not have a major impact on production and operation.
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