Luoyang Glass Received Relocation Allowance ￥59.7096 Million

Luoyang Municipal Bureau of Finance allocated “ ￥30 million as the compensation for production line relocation”, “two loans, ￥25.5336 in total, alone with the interest ￥4.1760  million， relisted as the financial subsidy to compensate for its loss from relocation of its production lines in its main production plant”, said a notice of Luoyang Glass  (600876) on Friday night.
　　
As the three production lines relocated from the main production plant are its properties, said Luoyang Glass, it has transferred the above total of ￥59.7096 million into the Company’s account, and will account it for the profit of loss of 2012.
　　
The third quarterly report of Luoyang Glass showed a loss of ￥41.5996 million in the first three quarters.