NBD AI Bulletin - Hangzhou Silan Microelectronics Co Ltd ("the Company", SH 600460, closing price: 27.11 yuan) announced on January 18 that from July 1, 2020 to December 31, 2020, the Company and its majority-owned subsidiaries' receipt of small government subsidy funds are as follows: 186,800 yuan for machine-based intelligent controller and programming tool research and development; 601,300 yuan for navigation hardware and software technology; 1.2668 million yuan for R&D and industrialization for key hardware and software for safety controllable industrial control; 1.5 million yuan for R&D and industrialization of high-performance AC-DC power-switching circuit products series; 1.2885 million yuan for R&D and industrialization of high-performance real-time intelligent microcontroller chip; 700,000 yuan from the 2019 Hangzhou Digital Transformation Project; 690,000 yuan from the domestic CMOS topic I; 222,000 yuan from the domestic super high-speed topic II; 276,800 yuan from the factory IoT project; 200,000 yuan from the Intelligent Power Module Project; and 2.7925 million yuan from the technological transformation project of thehigh-precision LED fine-pitch packaging production line that will add an annual production capacity of 2 billion pieces.

In accordance with relevant provisions of the Accounting Standards for Business Enterprises No. 16-government subsidy, the above-mentioned government subsidies total 20.5989 million yuan, of which 9.7247 million yuan is related to assets and 10.8742 million yuan to the income. The amount credited to the current profit and loss is approximately 10.8742 million yuan. The final accounting and the impact on the Company's 2020 profit is subject to the audited results by accountants.

The 2020 semi-annual report shows that Hangzhou Silan Microelectronics Co Ltd mainly engages in manufacturing of electronic components, accounting for 95.81% of revenue.

Hangzhou Silan Microelectronics Co Ltd's chairman is Chen Xiandong, male, 59 years old, Chinese national, graduate degree. Hangzhou Silan Microelectronics Co Ltd's general manager is Zheng Shaobo, male, 56 years old, Chinese national, master's degree.

Tips on "Stock Trends":

1. The number of shares held by northbound investors in the Company increased by 18.623 million in the past 30 days, accounting for 1.42% of the Company's circulating shares.

2. There was no institutional research on the Company in the past 30 days.

(By Lan Suying)

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