Silan Micro's wholly-owned subsidiary received a government subsidy of 17.82 million yuan

Recently, Silan Micro issued a notice on the receipt of government subsidies from wholly-owned subsidiaries. Hangzhou Shilan Mingxin, a wholly-owned subsidiary, will receive a total of 8.91 million yuan of equipment subsidies from the municipal finance, as well as district-level financial support. 8.91 million yuan equipment subsidy.

According to the Hangzhou Municipal Finance Bureau and the Hangzhou Municipal Science and Technology Commission jointly issued the "Notice on the Release of the 2013 Shilan Mingxin Technology Co., Ltd. to Purchase MOCVD Equipment Subsidy" [Hang Keji (2013) No. 245, Hangcai Church ( 2013) No. 67] (hereinafter referred to as “Hang Keji (2013) No. 245 Document)”, Hangzhou Silan Mingxin Technology Co., Ltd. (hereinafter referred to as “Slan Mingxin”), a wholly-owned subsidiary of the Company, will be awarded the municipal level. The total amount of financial disbursement is 8.91 million yuan for equipment subsidies.

The Economic Development Bureau of Hangzhou Economic and Technological Development Zone and the Finance Bureau of Hangzhou Economic and Technological Development Zone jointly issued the “Support for the Purchase of MOCVD Equipment by Hangzhou Silan Mingxin Technology Co., Ltd. in 2013” ​​according to “Hang Keji (2013) No. 245 Document”. According to the document [Shangjing Kaijing (2014) No. 77], according to the document, Silan Mingxin will receive a subsidy of 8.91 million yuan for the district-level financial support.

As of the date of this announcement, Silan Mingxin has received the above two equipment subsidies, totaling 17.82 million yuan.

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