Securities code: 002428 securities abbreviation: Yunnan Lincang Xinyuan Germanium Industry Co.Ltd(002428) Announcement No.: 2022-005
Yunnan Lincang Xinyuan Germanium Industry Co.Ltd(002428)
Announcement on government subsidies received by subsidiaries
The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete without falsity
Records, misleading statements or material omissions.
1、 Basic information of subsidies received
Yunnan Xinyao semi director, a subsidiary of Yunnan Lincang Xinyuan Germanium Industry Co.Ltd(002428) (hereinafter referred to as “the company”)
Body material Co., Ltd., Yunnan Zhongkexin round crystal material Co., Ltd., Kunming Yunge High Tech Co., Ltd
Yunnan Dongchang metal processing Co., Ltd. received from January 17, 2022 to February 22, 2022
There are six kinds of government subsidies, with a total amount of 19.1792 million yuan. Of which: received from the government related to income
The total subsidy is 3.1792 million yuan, accounting for 14.05% of the company’s latest audited net profit; Received in relation to assets
The total government subsidy of the company was 16 million yuan, accounting for 1.10% of the company’s latest audited net assets. Specific situation
The situation is as follows:
Whether it is related to the company, whether it is related to the assets, the payee’s collection time, the source and basis of the amount received by the main project, the company’s daily economic instruments / income (10000 yuan) Sustainability of business activities
Yunnan Dongchang metal 2022-01-17 Dongchuan reemployment characteristic industry reemployment special zone preferential policy 85.92 dongzhengfu [2021] 361 whether it is income related processing Co., Ltd. Park Management Committee Policy award Supplement No
Yunnan Zhongke Xinyuan Kunming high tech industry opens in 2021, Kunming finance industry of provincial small and medium-sized enterprises [2021]
Crystal materials Co., Ltd. 2022-01-29 Development Zone Management Committee industry development special fund No. 32.00 192 is it related to income
Yunnan Xinyao semi guide Kunming high tech industry opens in 2021 provincial small and medium-sized enterprises Kunming finance industry [2021]
Is the special fund for industrial development No. 70.00 192 of the Development Zone Management Committee of Ti Materials Co., Ltd. 2022-01-29 related to income
Kunming cloud germanium high tech 2022-01-29 Kunming high tech industry opened in 2021. Is the provincial small and medium-sized enterprise 130.00 kuncai industry [2021] related to income? Special fund for industrial development of Development Zone Management Committee of Technology Co., Ltd. No. 192
Kunming cloud germanium high tech 2022-02-21 Yunnan Provincial Department of science and technology demonstration subsidy 400.00 whether the classified documents are related to the office of asset related technology Co., Ltd
Customs of Yunnan Provincial Department of science and technology
Yunnan Xinyao Semiconductor Co., Ltd. the optoelectronic Microelectronics Semiconductor Co., Ltd. of the office of Yunnan Provincial Department of science and technology will lead the industry in 2021
Whether the 1200.00 domain science and technology plan (phase I) of body chip industrialization technology in the office of body materials Co., Ltd. on February 22, 2022 is publicized with the proposed project of R & D funds of the asset related department
Notice
Total — 1917.92 —-
2、 Types of subsidies and their impact on the company
1. Type of subsidy
According to the accounting standards for Business Enterprises No. 16 – government subsidies, government subsidies related to assets,
It refers to the government subsidies obtained by the enterprise for the purchase and construction or the formation of long-term assets in other ways; Revenue related
Government subsidies refer to government subsidies other than those related to assets. The above government subsidies are not
It is used to purchase and construct or form long-term assets in other ways, so it is a government subsidy related to income.
2. Recognition and measurement of subsidies
In accordance with the relevant provisions of the accounting standards for Business Enterprises No. 16 – government subsidies, the company receives the income related to assets
When the government subsidy is closed, it is recognized as deferred income; When the company receives government subsidies related to income, it is related to daily income
Government subsidies related to activities shall be included in other income according to the essence of economic business; Politics unrelated to daily activities
Government subsidies are included in non operating income and expenditure.
Among the above government subsidies, RMB 3.1792 million is related to income and daily activities, so it is included in other
profit; 16 million yuan is related to assets, so it is included in deferred income to make the self related assets reach the expected value
From the time of use, the deferred income shall be evenly apportioned and included in the profit and loss by stages according to the expected service life of the asset.
3. Impact of subsidies on the company
The above government subsidy funds are expected to increase the company’s total profit of about 3.1792 million yuan in 2022.
4. The final impact of the above-mentioned government subsidies on the company’s annual profit and loss in 2022 will be determined by the annual audit
The result shall prevail. Please pay attention to the investment risk.
3、 Documents for future reference
1. Government documents on subsidies.
2. Collection voucher.
It is hereby announced.
Yunnan Lincang Xinyuan Germanium Industry Co.Ltd(002428) board of directors February 23, 2022
