Mulinsen's wholly-owned subsidiary received government subsidies of nearly 49 million

On the evening of the 14th, Mulinsen issued a notice saying that the company's wholly-owned subsidiary Jiangxi Mulinsen Lighting Co., Ltd. recently received the Jinggangshan Economic Development Zone Management Committee from the 14th evening in Jiangxi Mulinsen. Mulinsen issued a notice saying that the company's wholly-owned subsidiary Jiangxi Province In the near future, Mulinsen Lighting Co., Ltd. received a government subsidy of RMB 48,972,000 from the Jinggangshan Economic Development Zone Management Committee. According to the "Accounting Standards for Business Enterprises No. 16 - Government Subsidy", the company recognizes the above subsidies as deferred income, which is expected to have a certain impact on the company's 2017 profit.

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