On March 28, Hongli Zhihui (300219) announced that its holding subsidiary Jiangxi Hongli Photoelectric Co., Ltd. (hereinafter referred to as “Jiangxi Hongliâ€) recently received a government subsidy of RMB 10 million.
According to the spirit of the Third Director's Office of the Nanchang Airport Economic Zone in 2017 and the spirit of the Third Party Working Committee, in order to support the development of the enterprise, Jiangxi Hongli recently received the enterprise support fund issued by the Finance Bureau of Nanchang Airport Economic Zone. 10 million yuan.
The above funds accounted for 6.57% of the company's 2015 audited net profit attributable to shareholders of the listed company. The 2016 Annual Results Express was unaudited at 8.01% of the net profit attributable to shareholders of listed companies. According to the relevant provisions of the “Accounting Standards for Business Enterprises No. 16 – Government Subsidyâ€, the supporting funds will be included in the current profit and loss and will be recognized as non-operating income for the first quarter of 2017.
The subsidy fund will have a positive impact on the company's 2017 net profit.
In fact, on March 8, Hongli Zhihui issued a notice saying that the subsidiary Jiangxi Hongli received government subsidies of 14,432,900 yuan.
It is understood that according to the spirit of the Fourth Party Working Committee of Nanchang Airport Economic Zone in 2017, in order to support the development of enterprises, Jiangxi Hongli recently received the enterprise support fund of RMB 142.3339 million issued by the Finance Bureau of Nanchang Airport Economic Zone. .
The above funds accounted for 9.41% of the company's 2015 net profit attributable to shareholders of listed companies. The 2016 Annual Results Express was unaudited 11.47% of the net profit attributable to shareholders of listed companies. According to the relevant provisions of the “Accounting Standards for Business Enterprises No. 16 – Government Subsidyâ€, the supporting funds will be included in the current profit and loss and will be recognized as non-operating income for the first quarter of 2017.
With the steady growth of LED market demand, Hongli Zhihui's business continued to grow, and its main business income maintained steady growth. In 2016, it achieved operating income of 2.235 billion yuan, an increase of 40.36% over the previous year.
| About Paper Covered Wire. |
Paper Covered Wire includes NOMEX Coated Copper Wire, Paper Covered Flat Aluminium Wire, Paper Covered Flat Copper Wire.
Application: oil-immersed transformer windings
Using 100% oxygen free pole as extrusion raw material, insulation material using high density telephone paper, cable paper, polyester, non-woven fabric.Self-locking wrapping is adopted within 6 layers, the bending performance is 15% higher than the national standard, the temperature index is 105℃ after the phone paper and cable paper are impregnated, this product has excellent voltage resistance performance in oil, widely used in transformer coil, stable performance, short processing cycle.
As per Conductor Material:Copper , aluminum
As per Inner Conductor: Paper wrapped bare
Insulation thickness:Double paper covered (DPC) or Triple Paper Covered (TPC) ,According to Customer`s requirements
Insulated Wire Copper,Paper Covered Wire,Paper Covered Copper Flat Wire,Paper Covered Insulated Wire Copper
HENAN HUAYANG ELECTRICAL TECHNOLOGY GROUP CO.,LTD , https://www.huaonwire.com