BOE Chengdu Subsidiary receives 180 million yuan government grant

On the evening of March 10th, microblogging news was reported by BOE. The company’s subsidiary, Chengdu’s BOE Chengdu, received a R&D subsidy of RMB 180 million issued by the Electronic Information Industry Development Bureau of Chengdu High-tech Zone on March 9th. Gold should be recognized as current profit and loss in the current month and included in other income. It is expected that this item will generate revenue of RMB 180 million in 2018.

In fact, this is not the first 'big gift' that BOE received this year. As early as two weeks after the start of 2018, BOE announced that it had obtained the exemption of local government debt.

In mid-January, BOE issued an announcement that the company has signed relevant debt exemption agreements with Fuzhou Municipal Government, Fuzhou Urban Construction Investment Group and Fuzhou City Investment BOE Investment. As the 8.5th generation of new semiconductor display device production line project in Fuzhou has been mass produced, and good The rate reached a relatively high level. After confirmation by the parties to the agreement, they agreed to exempt BOE's loans for the construction of the project totaling 6.3 billion yuan.