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Zhejiang Resources (600070): Wholly Owned Subsidiary Receives Government Subsidy

2019/6/17 17:29:00 186

Zhejiang RichTextile StocksThe Latest Announcement

Announcement of Zhejiang Fu run Limited by Share Ltd on wholly owned subsidiary receiving government subsidy

The board of directors and all directors of the company guarantee that there is no false record, misleading statement or major omission in the contents of this announcement, and shall bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.

In June 13, 2019, Hangzhou Zhejiang taone Technology Co., Ltd., a wholly owned subsidiary of the finun Limited by Share Ltd (hereinafter referred to as the "company"), received 10 million 561 thousand and 900 yuan from the Binjiang District Financial Bureau in Hangzhou for the special award subsidy. According to the provisions of the accounting standards for Enterprises No. sixteenth - government grants, the above government subsidies are related to the daily activities of enterprises. According to the essence of economic activities, they are included in the company's 2019 other income, which has certain impact on the company's current performance. The specific accounting treatment is based on the audit results of accounting firms. Notice hereby.

Board of directors of Zhejiang Limited by Share Ltd

06, 15 2019

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