On August 9th, Guoxing Optoelectronics announced that it had received the “Reply Letter on the Special Implementation Plan for the R&D and Industrialization of Rare Earth Rare Metal New Materials†issued by the Development and Reform Office High Technology [2012] No. 1743. Co-declared by the National Star Optoelectronics and Beijing Nonferrous Metals Research Institute, the special project for the research and development and industrialization of rare earth rare metals new materials, "high-efficiency white light LED light conversion film and its devices", was listed in the national strategic emerging industry development special project. The capital plan, the state subsidy fund of 40 million yuan will be issued by the Ministry of Finance in accordance with relevant regulations.
It is reported that the "High-efficiency white light LED light conversion film and its components" project is jointly declared by Guoxing Optoelectronics and Beijing Nonferrous Metals Research Institute. The project construction period is three years. According to the cooperation agreement, the state allocates funds for the project. The distribution ratio is 75% of Guoxing Optoelectronics and 25% of Beijing Nonferrous Metals Research Institute. That is, Guoxing Optoelectronics will receive a total of 30 million yuan from the state.
It is reported that the "High-efficiency white light LED light conversion film and its components" project is jointly declared by Guoxing Optoelectronics and Beijing Nonferrous Metals Research Institute. The project construction period is three years. According to the cooperation agreement, the state allocates funds for the project. The distribution ratio is 75% of Guoxing Optoelectronics and 25% of Beijing Nonferrous Metals Research Institute. That is, Guoxing Optoelectronics will receive a total of 30 million yuan from the state.
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