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The first phase of the fund is allocated 6 million yuan. After the mid-term evaluation, the fund will be allocated 6 million yuan. The remaining 3 million yuan will be decided according to the situation after the project evaluation is approved.
Zhonghao Optoelectronic Equipment (Shanghai) Co., Ltd. received the first phase of 6 million yuan on May 3, and it is expected that the relevant departments will conduct mid-term acceptance of the project in the second half of 2013, and the project will be concluded in the first half of 2014. Acceptance of items.
Tianlong Optoelectronics announced on the same day that it received a letter of advice from Changzhou Noah Technology Co., Ltd., a shareholder holding more than 5% of its shares. On May 2, 2013, Changzhou Noah reduced its holdings of unrestricted shares of the company through the block trading system. Ten thousand shares, accounting for 3.00% of the company's total share capital. 
Tianlong Optoelectronics Co., Ltd. received a special subsidy of 15 million yuan from the government
Tianlong Optoelectronics (300029) announced that the company's controlling subsidiary, Jiangsu Zhonghao Semiconductor Equipment Co., Ltd. is engaged in the MOCVD project's R&D and production platform, Zhonghao Optoelectronic Equipment (Shanghai) Co., Ltd., and signed the Shanghai Municipality with the Shanghai Economic and Information Commission. Strategic Emerging Industry Key Project Implementation Framework Agreement, stipulates that the Shanghai Economic and Information Commission will coordinate with the financial department to apply for the “LED MOCVD equipment, technology and industrial development and industrialization†special subsidies for Zhonghao Optoelectronic Equipment (Shanghai) Co., Ltd. 15 million yuan.