Wanrun Technology's wholly-owned subsidiary received government subsidies of 48.7173 million yuan

On the evening of August 10, Wanrun Technology announced that it had a letter from the Shazui Sub-district Office of Xiantao City, Hubei Province, regarding the subsidy for the infrastructure supporting fees for the project land of Wanrun Technology Hubei Co., Ltd. (Sha Zheng Han [2015] 27 No.) Wanrun Technology Hubei Co., Ltd. (hereinafter referred to as “Hubei Wanrun”), a wholly-owned subsidiary of Wanrun Technology, recently received a subsidy fund of RMB 47,871,300 for infrastructure support fees for three plots of Xiantao Industrial Park project.

According to the "Accounting Standards for Business Enterprises No. 16 - Government Subsidy", the subsidy funds received this time belong to the government subsidies related to the assets, which the company recognizes as deferred income, from the time when the relevant assets are available for use, according to the assets. The estimated useful life of the deferred income is transferred to the current profit and loss.

Low Voltage Transformers

The low-voltage transformer mainly uses the principle of electromagnetic induction to change the AC voltage. Its main functions are voltage conversion, current conversion, impedance conversion, isolation, and voltage stabilization. The low voltage transformer is the transformer below 600V. Low-voltage transformer is composed of three parts: primary coil, secondary coil and iron core (magnetic core). It is usually used in electrical equipment and wireless circuits as a tool for raising and lowering voltage, matching impedance, and safety isolation.

Classification of low-voltage transformers

1. According to the number of phases, it can be divided into single-phase transformer and three-phase transformer.
2. According to the purpose, it is divided into control transformer, local lighting transformer, isolation transformer, rectification transformer, etc.
3. According to the coil winding method, it can be divided into foil winding, wire winding, etc.
4. According to the protection mode, it can be divided into: with enclosure, without enclosure, etc.

Low Voltage Transformer,Auto Transformer 380V,Transformer 380V To 220V,Single Phase To 3 Phase Transformer

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