Sanan Optoelectronics' interim net profit increased by more than 240% year-on-year


Sanan Optoelectronics Co., Ltd. (600703) announced on the evening of the 4th that the 2010 interim results pre-announcement was announced. According to preliminary estimates by the company's financial department, it is expected that the net profit attributable to owners of the parent company in the middle of 2010 will be higher than the same period of the previous year ( The unaudited net profit was 559.62 million yuan, an increase of more than 240%.

At the same time, the company announced that the wholly-owned subsidiary received the subsidy announcement. The company's wholly-owned subsidiary, Anhui Sanan Optoelectronics Co., Ltd. purchased 50 LED main production equipments from the US VECO Precision Instruments Co., Ltd. (To date, MOCVD production equipment has been ordered. 90 units), the company has already paid 16 of the equipment deposits according to the contract. According to the relevant agreement signed with the People's Government of Wuhu City, Anhui Province, on July 2, 2010, Anhui Sanan received a partial subsidy of 57.6 million yuan from 16 units of the municipal government.

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