San’an Optoelectronics receives RMB 3bn subsidiaries in three years
2013-01-24
As recorded, domestic IPO companies have received 989 times government subsidiaries that have amounted to RMB 22bn in 2012. San’an Optoelectronics(600703), an LED wafer manufacturer, has received up to RMB 3bn government subsidiaries in the past three years.
According to publicly available information, San’an Optoelectronics has received RMB 700m subsidiaries, deemed as a leading player, more than double in 2011 as receiving RMB 1.829bn and over RMB 300m in 2012, all of which are a major guarantee for San’an Optoelectronics’ profits.
According to publicly available information, San’an Optoelectronics has received RMB 700m subsidiaries, deemed as a leading player, more than double in 2011 as receiving RMB 1.829bn and over RMB 300m in 2012, all of which are a major guarantee for San’an Optoelectronics’ profits.