Shenzhen Libang Precision Instrument Co., Ltd. announced the receipt of government subsidies: News surrounding: Related News: Recent Developments in Patent Disputes between Libang Instrument and Shenzhen Mindray
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The company and all members of the board of directors ensure the truthfulness, accuracy, and completeness of the information disclosed, and there are no false records, misleading statements or major omissions.
According to the notice issued by the Shenzhen Municipal Science and Technology Innovation Committee for the “public announcement of the city’s Peacock Project team introduction in 2012â€, the Municipal Science and Technology Innovation Committee plans to subsidize the 2012 City Peacock Project team introduction project. Shenzhen Libang Precision Instrument Co., Ltd. (hereinafter referred to as "the company") has been included in the "High-sensitivity Integrated Multifunctional Instant Accurate Clinical In Vitro Diagnostic System and Industrial Key Technology R&D" project. The company has received a total of 25 million yuan in government subsidy for the project in full in recent days.
The company will carry out corresponding accounting treatment in accordance with the relevant provisions of the “Accounting Standards for Business Enterprisesâ€. The above-mentioned government subsidy will be partially accounted for in the current year's profit and loss in 2012, and part of which will be included in deferred income. The specific accounting treatment shall be based on the results after the annual audit of the accountant confirms. It is expected that this government grant will have a certain impact on the company's 2012 profit.
Special announcement.
Shenzhen Libang Precision Instrument Co., Ltd.
On January 12, 2013, Libang Instrument Co., Ltd. received a government grant of 25 million yuan from the Shenzhen Science and Technology Innovation Committee on the company's "high-sensitivity, one-in-one, multi-function, real-time clinical in vitro diagnostic system and key technology R&D projects for industrialization." The part of the funds is counted in 2012 and part of the deferred income is included.
Libang Instrument is a leading supplier of medical electronic equipment that is leading in China and continues to grow rapidly in the world. It has strong research and development advantages in the world and the acquisition of this project grant has a positive significance for the company to deepen its technical reserves. The subsidy funds accounted for approximately 42.2% of the 2011 net profit, which will ensure that the company's 2012 net profit will maintain a growth trend, which will benefit the company's share price.
The stock continued to pull back recently. Yesterday, the stock attempted to rebound, but was blocked on the half-year line. The current share price has fallen below the 10-day moving average and the 5-day moving average has turned its head down. The trading volume has been magnified and the short-term profit-taking has shown signs of fleeing. KDJ has already After the formation of Sicha, the market outlook may continue to adjust, with support at around 18.03 yuan.