E first half of listed companies make up 1.3 billion won <br> <br> According to Reporters statistics, this year, Hubei camel shares, three optical and other information related to company announcements and government subsidies on the market. According to the financial report data, in the first half of this year, 72 listed companies in Hubei received financial supplements, with a total subsidy of 1.384 billion yuan, and the number of companies receiving subsidies accounted for 90% of the listed companies in Hubei.
In 2013, 80 listed companies in Hubei received government subsidies, with a total subsidy of 2.326 billion yuan. According to statistics, there are 2,391 government-subsidized companies in China in 2013, accounting for 94% of the total, and the total subsidy is 75 billion yuan.
Subsidies to large multi-<br> and energy-related <br> the province to get the most subsidy listed companies are the three safety optoelectronics. The data shows that Sanan Optoelectronics received 196 million yuan in financial subsidies in the first half of this year, and the government subsidies received in 2013 reached 352 million yuan. Last year, the company paid various taxes and fees of 347 million yuan, which is not as good as the state's financial subsidies. Sanan Optoelectronics is able to obtain high subsidies because it is a company engaged in the production and sales of LED lighting. Since 2008, China has provided financial subsidies for LDE energy-saving lamps.
Listed companies with more subsidies in Hubei are more related to energy conservation, new energy, and emerging industries. Among them, many are subsidies given by the local government production base, while others are subsidized by the state ministries. Most of the listed companies in our province can receive financial subsidies, indicating that they have done a good job in emerging industries and energy conservation and emission reduction.
Why is the amount of tax subsidy of ten times <br> <br> a government subsidy of listed companies? “In general, in order to encourage the development of certain industries, the state will adopt price subsidies for them. For example, energy-saving lamps, the state subsidizes, let its prices fall, so as to enter ordinary household consumption and achieve energy conservation in the whole society.†Wuhan A securities analyst said.
Financial subsidies play an important role in promoting enterprise development. E-Long Dinglong, which is listed on the GEM, received a subsidy of 14 million yuan last year. With the support of the government, the company's sales have increased from 100 million to 500 million since 2006, and the profit has increased from 5.7 million to 75 million, an increase of more than ten times. The company paid more than 31 million yuan in taxes last year.
After government subsidies promote economic development, they can also increase taxes. Statistics show that 85 listed companies in Hubei taxed 22.476 billion yuan last year, nearly ten times the amount of subsidies of 2.3 billion yuan.
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