A wholly-owned subsidiary of Crystal Optoelectronics is recognized as a high-tech enterprise

Jiangxi Crystal Photoelectric Co., Ltd. (hereinafter referred to as “Jiangxi Crystal”), a wholly-owned subsidiary of Crystal Optoelectronics (hereinafter referred to as “Company”), recently received the “Jiangxi High-Qualification Work Leading Group” issued by the Leading Group for High-Qualification Work of Jiangxi Province. Announced the notice of 231 companies including Zhangzhou Jinghuan Rare Earth New Materials Co., Ltd. as a high-tech enterprise (赣高企发发 [2014] No.1) document, Jiangxi Crystal was recognized as a high-tech enterprise, certificate number: GR201336000138, issuing time : December 10, 2013, valid for three years.

According to the state's relevant tax preferential policies for high-tech enterprises, high-tech enterprises that have been qualified are paying corporate income tax at a rate of 15% within three years from the date of recognition (2013-2015). Jiangxi Crystal will go to the tax authorities to handle matters related to tax incentives in accordance with legal procedures.

Jiangxi Crystal pays corporate income tax at a rate of 15%. It is estimated that the profit will increase by 2.6 million in 2013 (not audited by an accounting firm), which has little impact on the company's 2013 annual operating results report.

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