On the evening of March 27th, Microelectronics reported that BOE issued an announcement stating that the management committee of Wujiang Economic and Technological Development Area provided R&D subsidy of RMB 200 million to the company’s subsidiary, Gaochuang Electronics Co., Ltd., and the subsidy was paid on March 26th. Account. This R&D subsidy is a government subsidy related to income and should be recognized in the current month as profit or loss for the current period and included in other income. It is expected that this issue will generate a profit of 200 million yuan in 2018.
