Moso Power announced Monday that the company and its wholly- owned subsidiary Shenzhen Moso Electric received RMB 8.5 million (US $1.3 million) subsidies from the government.

It has been two months since Chinese LED power manufacturer Moso halted trade on the Chinese bourse as it planned to acquire more financing on May 20, 2015.

China’s A-shares started off with a strong rebound this week, after plunging to an all-time low last Thursday and Friday. In the short term, A shares are stabilizing on the market. Many listed LED manufacturers that suspended trade to avert impacted by the volatile stock market have gradually resumed trade. More than 350 listed Chinese companies resumed trade as of Monday, according to latest statistics.