According to relevant data, LED epitaxial wafer and chip manufacturer Sanan Optoelectronics received a government subsidy of about 400 million yuan ($59.2 million) in equipment procurement in 2017, the highest among all Chinese LED companies. Compared with the 2016 358 million yuan subsidy, the increase was 11.7%. According to relevant data, LED epitaxial wafer and chip manufacturer Sanan Optoelectronics received a government subsidy of about 400 million yuan ($59.2 million) in equipment procurement in 2017, the highest among all Chinese LED companies. Compared with the 2016 358 million yuan subsidy, the increase was 11.7%. Since the end of 2017, Sanan Optoelectronics signed an agreement with the Fujian provincial government to invest 33 billion yuan to build an LED production base in the province, so it is expected to receive higher subsidies than 2017 in 2018. At the end of 2017, Sanan Optoelectronics' MOCVD capacity may have reached 450 units. At the same time, LED epitaxial wafer and chip maker HC SemiTek is building a factory in East China. In 2017, government subsidies were 348 million yuan, a year-on-year increase of 72.3%. In 2017, Xiamen Changelight received a subsidy of 77.11 million yuan, a year-on-year increase of 57.2%. For LED packaging service providers, BMTC, MLS, Hongli Zhihui and Xiamen Xinda Optoelectronics received a total of 61.37 million yuan, 37.5 million yuan, 34.26 million in 2017. Yuan and a subsidy of 43 million yuan.
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