On October 9, Shiyida issued a notice saying that its wholly-owned subsidiary Wuxi Shiyida Electronics Co., Ltd. recently received the "Organization" issued by the General Office of the National Development and Reform Commission, the General Office of the Ministry of Finance, and the General Office of the Ministry of Science and Technology. Announcement on the 2012 Financial Subsidy for the Promotion of Semiconductor Lighting Products.
According to the notice, Wuxi Shiyida's 2012 semiconductor indoor lighting product promotion quota totaled 200,000, including LED downlights (specification / power is 4 inch / 11W, 6 inch / 13W) and LED spotlights (specification / power is PAR20/6W, PAR30/11W, PAR38/16W), the price of the winning bid agreement is as follows:
To promote the sales within the limit, the subsidy can be enjoyed in accordance with the relevant national policies (the amount of financial subsidy funds is 30% of the supply price of the winning bid agreement), the subsidy funds are indirectly subsidized, the financial subsidies are given to the winning bidders, and the winning bidders are awarded the bid-winning agreement. The price of the supply minus the financial subsidy is sold to the end user and the ultimate beneficiary is the end user. The LED lighting products promoted by the 2012 financial subsidies are limited to domestic sales and do not limit the promotion areas.
According to the notice, Wuxi Shiyida's 2012 semiconductor indoor lighting product promotion quota totaled 200,000, including LED downlights (specification / power is 4 inch / 11W, 6 inch / 13W) and LED spotlights (specification / power is PAR20/6W, PAR30/11W, PAR38/16W), the price of the winning bid agreement is as follows:
To promote the sales within the limit, the subsidy can be enjoyed in accordance with the relevant national policies (the amount of financial subsidy funds is 30% of the supply price of the winning bid agreement), the subsidy funds are indirectly subsidized, the financial subsidies are given to the winning bidders, and the winning bidders are awarded the bid-winning agreement. The price of the supply minus the financial subsidy is sold to the end user and the ultimate beneficiary is the end user. The LED lighting products promoted by the 2012 financial subsidies are limited to domestic sales and do not limit the promotion areas.
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