Aoyang Shunchang Investment Huai'an LED Project received government subsidy of 5 million yuan

On September 4, Aoyang Shunchang announced that Huai'an Aoyang Shunchang Optoelectronic Technology Co., Ltd. received an incentive fund of 5 million yuan from the Qinghe District People's Government of Huai'an City on September 3. Huai'an Optoelectronics stated that the amount was accounted for in the current period.

It is reported that on June 21, 2012, Huai'an Optoelectronics received the letter from Huai'an Qinghe District People's Government on the investment incentives for Huai'an Aoyang Shunchang Optoelectronic Technology Co., Ltd., and the Qinghe District Government of Huai'an City cultivated high-tech emerging industrial clusters. In order to support and promote the development of the LED industry in Huai'an, and to cultivate key enterprises in the LED industry, the company decided to give Huai'an Optoelectronics investment incentives.

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