LEDinside surveyed 31 listed LED manufacturers announcements made in 2015 on the website Chinfo, the designated information disclosure website assigned by Notice of China Securities Regulatory Commission. We found 11 companies (including certain company subsidiaries) received subsidies totaling a striking RMB 1.18 billion (US $179 million).

Yankon Lighting announced on December 29 that the company received subsidies from China’s Ministry of Industry and Information Technology (MIIT) for “Industrial upgrade to smart manufacturing and IoT+ mobile support security project—Secured chip improvement and application.”