On July 12th, the “subsidy big household†Mulinsen Co., Ltd. ushered in a new credit.
Mulinsen issued an announcement stating that Yiwu Mulinsen Lighting Technology Co., Ltd. (hereinafter referred to as Yiwu Mulinsen), a wholly-owned subsidiary, received the management committee of Yiwu Information Optoelectronics High-tech Industrial Park on July 10, 2018, on the investment and construction of Yiwu Mulinsen Lighting Technology Co., Ltd. The document of the Notice of Subsidy agreed to allocate RMB 50 million for the investment and construction subsidy of Yiwu Mulinsen Lighting Technology Co., Ltd.
Of course, this is not the first subsidy that Mulinsen received this year. In the first half of this year, Mulinsen received a total of six government grants, totaling 452.216 million yuan.
On February 13, Mulinsen issued a notice saying that the Yiwu Information Optoelectronics High-tech Industrial Park Management Committee agreed to allocate RMB 50 million to Yiwu Mulinsen Investment Construction Grant; on March 30, Mulinsen's wholly-owned subsidiary Jiangxi Mulinsen Lighting Co., Ltd. received government subsidy funds. On April 13, Yiwu Mulinsen received the document of the Yiwu Information Optoelectronics High-tech Industrial Park Management Committee and agreed to allocate the investment construction subsidy of 50 million yuan. On June 15, Yiwu Information Optoelectronics High-tech Industrial Park Management Committee agreed In the 2018, the first batch of industrial development subsidy funds of Yiwu Mulinsen was paid 37.5 million yuan; on June 19, Jiangxi Mulinsen received government subsidy funds of 37.497 million yuan; on June 29, Jiangxi Mulinsen once again received government subsidy funds of 150 million yuan.
Mulinsen’s “gold-sucking†strength has envied many companies. Why is its subsidy road going so smoothly? This may be inseparable from Mulinsen’s years of strength. The subsidy really gave Mu Linsen a good start, but with its accurate development planning and strong execution, it has successfully completed a series of acquisitions, capital increase, project investment, and let the money make the best use of it.
In 2016, Mulinsen successfully acquired Landwells, which opened up a gap for opening more sales channels and entering the international market. After spending about 8 billion yuan, he visited the Jinggangshan Economic and Technological Development Zone for investment semiconductor projects and CCL production projects four times. Several times to increase the number of subsidiaries and set up Sun Company······························································································· , 8.725 million yuan, an increase of 47.97%; net profit attributable to shareholders of listed companies was 668,482,200 yuan, an increase of 41.20%
In the first quarter of this year, Mulinsen continued to gain momentum, achieving operating income of 2.023 billion yuan, an increase of 31.70% over the same period of last year; net profit attributable to shareholders of listed companies was 166 million yuan, an increase of 24.94% over the same period last year. After that, Mulinsen will continue to consolidate the market share of packaging, gradually increase investment in LED applications, and extend the LED downstream application and its supporting lighting component industry chain to build the LED industry chain.
In addition, the Sino-US trade war has not stopped, and the US government has strongly suppressed China's high-tech industry to ensure its absolute monopoly and hegemony in this field. In this regard, China has established a government subsidy system to stimulate the innovation of enterprises to compete with them. Leading companies use their own solid strength to play the same role, and naturally become the sharp edge of the national charge. According to the subsidy announcements of many companies, government subsidies are gradually biased towards leading enterprises.
It can be seen that it is not accidental that Mulinsen is often favored. It is a manifestation of strength and planning. It is a kind of adaptation to the big environment. It also brings enlightenment to many enterprises. Only by strengthening its own strength, improving acumen and endurance, and cultivating Innovative ideas and find the most suitable business channels and survival models, clear the future direction, can be stronger and bigger, and get more resources.
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