Xinhaiyi announces that Xin Najing will receive another 27 million subsidies to accelerate LED production and R&D

Xinhaiyi (002089) announced on the evening of December 13 that the company's holding subsidiary Suzhou Xinnajing Optoelectronics and Suzhou Industrial Park Science and Technology Development Bureau signed the subsidy agreement on supporting Xinnajing to accelerate LED production and R&D on December 10. 》. According to the agreement, in order to speed up the production and research and development of the new nano-crystal LED, the Suzhou Industrial Park Science and Technology Development Bureau granted a subsidy of 27 million yuan to Xin Najing.

Xinhaiyi announced that Xin Najing has received the above-mentioned 27 million yuan subsidy on December 12. According to the relevant provisions of the Accounting Standards for Business Enterprises, the above amount is recognized as deferred income when it is received, and is amortized in profit or loss within the benefit period of the project.

BLPS laser safety protective device is designed for personal safety used on hydraulic bender.
The dynamic test technology it used has passed the Type 4 functional safety assessment by TUV, and get the national invention patent. The product reaches the advanced technological level of similar products.
BLPS laser safety device provides protection zone near the die tip of the bender to protect fingers and arms of the operator in close to the upper mold die tip. It is the most effective solution so far to preserves the safety and productivity of the bender.

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