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San'an Optoelectronics' subsidiary obtains governmental subsidy of RMB200 million

San'an Optoelectronics announced on June 21st that its wholly-owned subsidiary, Quanzhou San'an Semiconductor Technology Co., Ltd., received a notice on allocating technology R&D subsidy from the Management Committee of Quanzhou Semiconductor High-tech Industrial Park Nan'an Zone. The notice agreed to allocate governmental subsidy of RMB200 million (USD29,764,399) to San'an Semiconductor, which already obtained the subsidy on June 21st.