Tongfu Microelectronics Co.Ltd(002156) : announcement of obtaining government subsidies

Securities code: 002156 securities abbreviation: Tongfu Microelectronics Co.Ltd(002156) Announcement No.: 2021-076

Tongfu Microelectronics Co.Ltd(002156) announcement of obtaining government subsidies

The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records

Misleading statements or material omissions.

1、 Basic information of obtaining subsidies

Tongfu Microelectronics Co.Ltd(002156) (hereinafter referred to as "the company") and its subsidiaries since January 1, 2021

From January to December 31, 2021, the main government subsidies received are as follows:

Unit: 10000 yuan

Subsidy and asset accounting obtain subsidy subject item name form date of receipt amount of which: amount / income related to subsidy basis of government departments

Notice of Nantong Tongfu microelectronics on the implementation of fine income production line project (revised version in 2021) on several policy opinions on promoting urban industrial transformation and cash generation by fan out at 2021.12.299714.009714.00 and related municipal finance bureau level

1000.00 is semi related to deferred assets Suzhou Tongfu Chaowei Suzhou Industrial Park 2021 Suzhou Industrial Park core industry income conductor Co., Ltd. core industry investment subsidy cash 2021.07.141800.00 and other 800.00 related income of income Zone Industry Development Fund

Hefei Tongfu microelectronics advanced packaging and testing industry and assets notice and relevant agreement of Anhui Jingxin on the application of fixed capital cash 2021.12.302920.002920.00 for supporting the industrialization base project of industrial mutual deferral Co., Ltd. \ \ relevant departments \ \ income subsidy Zone Management Committee of several policy capital projects for Hefei Economic Development networking development

About printing and distributing the 2021 Hefei promotion for the test of display driver chip

Notice on the cash 2021.12.141000.001000.00 of Hefei Tongfu microelectronics production line technical transformation project and the deferred implementation of several policies for the high-quality development of Hefei Jingxin economy Co., Ltd. project upgrading and transformation award and supplement of relevant Bureau implementation rules (advanced manufacturing industry)

Nantong Tongfu microelectronics phase II and III project investment cash 2021.2.51920.001920.00 and assets Sutong technology industry related investment agreement deferred Co., Ltd. reward related industrial park income

Suzhou Tongfu Chaowei semi equipment import discount cash 2021.10.09870.85870.85 and assets Suzhou Industrial Park suchigong [2021] No. 68, 2021 deferred conductor Co., Ltd. special fund income for central foreign economic and trade development in relevant areas

Circular of the Provincial Department of Finance and the Department of science and technology on

Nantong Tongfu microelectronics 2021 provincial scientific and technological achievements transferred to cash 2021.11.23700.00700.00 and assets Nantong Municipal Finance reached the notice of special income funds of relevant local R & D plans (counterpart support) of special funds for provincial scientific and technological achievements and provincial heavy deferred Co., Ltd. in 2021

The 2021 central foreign trade and economic cooperation cash of Tongfu Microelectronics Co.Ltd(002156) subsidiary shares 2021.10.25604.28604.28 and the income of District Commerce Bureau related to the import discount of Nantong Chongchuan tongshangfa [2021] No. 132 deferred Co., Ltd

Suzhou Tongfu Chaowei semi Economic Development Commission 2020 Suhe assets Suzhou Gongxin deferred conductor Co., Ltd. effective cash of state and city industrial enterprises 2021.12.17550.00550.00 relevant Bureau Suwei Ban Fa [2020] income investment incentive fund

19279.13 and assets

Total 20079.13

800.00 and revenue

relevant

As of the date of this announcement, all the above subsidies have been received. The above government subsidies are related to the daily business activities of the company and its subsidiaries, but they are not sustainable.

2、 Types of subsidies and their impact on Listed Companies

1. Type of subsidy

According to the provisions of the accounting standards for Business Enterprises No. 16 - government subsidies, the government subsidies related to assets refer to the government subsidies obtained by the enterprise for the purchase and construction or the formation of long-term assets in other ways. Government subsidies related to income refer to government subsidies other than those related to assets. The main government subsidies related to assets received above amounted to RMB 192.7913 million (Unaudited); Major government subsidies related to income received totaled 8 million yuan (Unaudited).

2. Recognition and measurement of subsidies

According to the accounting standards for Business Enterprises No. 16 - government subsidies, when the company and its subsidiaries receive government subsidies related to assets, the subsidy funds shall be included in the deferred income according to the regulations. When the assets reach the serviceable state, the deferred income shall be evenly allocated and transferred to the current profit and loss according to their expected service life.

When the company and its subsidiaries receive government subsidies related to income, those used to compensate the relevant costs and expenses incurred shall be directly included in the current profit and loss; If it is used to compensate the relevant costs and expenses in subsequent periods, it shall be recognized as deferred income and included in the current profit and loss during the period when the relevant costs and expenses are recognized.

3. Impact on Listed Companies

This government subsidy is included in the deferred income account of the company. The subsidy related to assets will affect the profit and loss of 45.5137 million yuan in 2021. It is expected that the profit and loss will be 1.8-25 million yuan per year in the next 8 years; The income related subsidies affect the profit and loss of 8 million yuan in 2021.

4. Risk tips and other instructions

The specific accounting treatment of the above government subsidies and the final impact on the company's annual profit and loss shall be subject to the results confirmed by the audit institution after the annual audit. Please pay attention to investment risks.

3、 Documents for future reference

1. Collection voucher;

2. Government approval on subsidies.

It is hereby announced.

Board of directors on December 31, 202156}

 

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