Xin Najing, a subsidiary of Xinhaiyi Holdings, was recognized as a high-tech enterprise

Xinhaiyi Holding Co., Ltd. Suzhou Xinnajing Optoelectronics Co., Ltd. (hereinafter referred to as “Xinnajing”) was recognized as a high-tech enterprise and was recently received by the Jiangsu Provincial Department of Science and Technology, Jiangsu Provincial Department of Finance, and Jiangsu Provincial State Taxation Bureau. The "High-tech Enterprise Certificate" jointly issued by the Jiangsu Provincial Local Taxation Bureau.

In accordance with the provisions of the "Enterprise Income Tax Law of the People's Republic of China", Xin Najing will enjoy the relevant preferential policies of the state on high-tech enterprises for three consecutive years from 2012 to 2014, and levy corporate income tax at a rate of 15%.

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