Chinese LED manufacturer Yankong Lighting announced Monday, it received RMB 91.88 M (US $14.80 million) subsidy from China’s Ministry of Finance.

Yankon Lighting logo. (Yankon/LEDinside)

The above listed financial subsidy will be listed as non-operating income in the company’s financial statement. The subsidy will greatly impact Yankong Lighting’s net profits for 2015.