Alto Electronics (002587) announced on January 3rd that according to the relevant provisions of the “Shenzhen Cultural and Creative Industry Development Special Fund Management Measures†and the second batch of support projects for the Shenzhen Cultural and Creative Industry Development Special Fund in 2012, Alto Electronics has three projects. The batch was respectively developed for the LED video advertising display system research and development project, the stadium LED display programming software system research and development project, and the online version of the energy-saving LED advertising display system research and development project, which received a government subsidy of 2.1 million yuan.
The government subsidy has been transferred to the company's fund account in the near future. In addition to the government subsidies received before 1,923,297.00 yuan, as of December 31, 2012, the company and its holding subsidiaries have received government subsidies of 4,023,297.00 yuan, accounting for 11.99% of the net profit attributable to shareholders of listed companies in 2011, 33,564,802.96 yuan. .
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