On March 30, Mulinsen (hereinafter referred to as the company) announced that the company's wholly-owned subsidiary, Jiangxi Mulinsen Lighting Co., Ltd. (hereinafter referred to as Jiangxi Mulinsen) received government subsidies of RMB 127,220,600, and the funds were available on March 29, 2018. Transfer to the Jiangxi Mulinsen company account. On March 30, Mulinsen (hereinafter referred to as the company) announced that the company's wholly-owned subsidiary, Jiangxi Mulinsen Lighting Co., Ltd. (hereinafter referred to as Jiangxi Mulinsen) received government subsidies of RMB 127,220,600, and the funds were available on March 29, 2018. Transfer to the Jiangxi Mulinsen company account. According to relevant regulations, government subsidies related to assets refer to government subsidies acquired by enterprises for the purpose of purchasing or constructing or otherwise forming long-term assets; government subsidies related to income refer to the government related to assets. Government subsidies other than subsidies. The government subsidies obtained by the company are not used for purchase or construction or other forms of long-term assets, so it is a government subsidy related to income. In addition, the government subsidies received this time are expected to increase the company's profit for the year by RMB 127,220,600.
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