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Here's Why Jiangsu Azure (SZSE:002245) Can Manage Its Debt Responsibly
Jiangsu Azure Corporation (002245.SZ): The subsidiary received government grants totaling 15.2807 million yuan.
On December 27, Glorious Wealth announced that Jiangsu Azure Corporation (002245.SZ) disclosed that its holding subsidiary, Huaian Aoyang Shunchang Optoelectronic Technology Co., Ltd. (referred to as "Huaian Optoelectronic"), recently received a total of 15.2807 million yuan in provincial Technology plan special funds and district-level enterprise subsidy funds allocated by the Finance Payment Center of the Qingjiangpu District of Huaian City. The above-mentioned subsidy funds are all government subsidies related to Assets, and Huaian Optoelectronic has actually received the funds and recognized them as deferred income. The above government subsidies do not have sustainability.
Jiangsu Azure Corporation (002245.SZ): Currently, there are no mass-produced solid-state Lithium Battery products.
On December 24, Gelonghui reported that Jiangsu Azure Corporation (002245.SZ) stated on the investor interaction platform that its subsidiary Huai'an Optoelectronics is engaged in the Led & Optoelectronics chip Business, and companies like Focus Lightings Tech and HC SemiTek Corporation are also part of the Led & Optoelectronics Industry. The company has been focusing on the technological development in the Lithium Battery Industry and currently does not have mass-produced solid-state Lithium Battery products.
Jiangsu Azure Corporation (002245.SZ): Miniled chips have entered the major customer systems both domestically and internationally.
On December 13, Gelonghui reported that Jiangsu Azure Corporation (002245.SZ) stated on the investor interaction platform that the company's LED chips are applied in fields such as displays, backlighting, and automotive lights, particularly that Miniled chips have entered the systems of major domestic and international clients.
Jiangsu Azure Corporation (002245.SZ): A small amount of Lithium Battery has already been shipped for use in BBU backup power supplies.
On December 13th, Gelonghui reported that Jiangsu Azure Corporation (002245.SZ) stated on the investor interaction platform that the company has already made a small shipment of Lithium Battery for BBU backup power.
HAITONG INT'L: In November, the installed capacity of power Battery in our country increased by 50%, significantly stimulated by the "old-for-new" policy.
In the future, as the costs of raw materials in the lithium battery Industry Chain continue to decrease, the combination of policy support and the increasing terminal demand is expected to drive the continuous growth of Electric Vehicles sales, with the demand for the lithium battery Industry Chain gradually increasing.
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