The LED project of Chau Mingzi Company received 10 million subsidies from the Guangdong Provincial Government

Huizhou Zhouming Energy Saving Technology Co., Ltd., a wholly-owned subsidiary of Shenzhen Zhouming Technology Co., Ltd., received the special fund for the development of the second batch of provincial strategic emerging industries jointly issued by the Guangdong Provincial Department of Science and Technology and the Guangdong Provincial Department of Finance (LED) Industry) Plan Project Notice, Huizhou Zhouming's “LED Multi-Function System 3D Integration Technology Project” was included in the second batch of provincial strategic emerging industry development special funds (LED industry) project.

Recently, Huizhou Zhouming received 10 million yuan of subsidy for the above projects. Huizhou Zhouming will, in accordance with the requirements of the “Accounting Standards for Business Enterprises No. 16 – Government Subsidy” and other documents, the funds will be included in the deferred income.

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