Zhejiang Longsheng (600352): The Total Government Subsidy Is 424 Million Yuan.
Zhejiang Longsheng (600352.SH) announced that, according to the notice on the withdrawal of the award (subsidy) fund from the Limited by Share Ltd (Longsheng Dao factory area) of Zhejiang, and the Zhejiang Runtu Limited by Share Ltd (Runtu Dao factory area), the company will get 14 due to the relocation and exit of the road ruins factory area, [2019]7. In December 30, 2019, the company received 125 million yuan from the financial reward account of the people's Government in Shangyu District of Shaoxing. The company received 125 million yuan from the reward fund of the chemical enterprises to withdraw from the financial surplus account of the people's Government of Shangyu road. In February 26, 2020, the company received 20 million yuan from the reward fund of the chemical enterprises to withdraw from the financial surplus account of the Shangyu district road people's government.
According to Hangzhou Bay Shangyu economic and Technological Development Zone Management Committee's policy opinion on supporting the leading enterprises in the chemical industry to become bigger and stronger, the company received the 400 million yuan in February 25, 2020 that the leading enterprises of chemical industry in Shaoxing Shangyu District Integrated Management Office allocated the chemical industry leading enterprises to become bigger and stronger.
In addition to the above two government grants, from January 2, 2020 to the date of the last announcement, all other subsidiary government grants received by subsidiaries of the company and its subordinate consolidated statements amounted to 3 million 761 thousand and 800 yuan. Since January 2, 2020, the company has received a total of 424 million yuan from the government subsidy, accounting for 10.30% of the company's 2018 audited net profit attributable to the parent company.
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