On January 6, 2016, Moso Power (002660) announced that the company and its wholly-owned subsidiary Shenzhen Maoshuo Electronic Technology Co., Ltd. (hereinafter referred to as “Mao Shuo Electronicsâ€) recently received 8.46 million yuan of government subsidies. as follows:
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The company will strictly handle the above-mentioned subsidies in accordance with the “Accounting Standards for Business Enterprisesâ€. The final accounting treatment of this subsidy shall be subject to the results of the audit of the auditors.
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