Estun Automation (02715) subsidiary recognized or re-evaluated as a high-tech enterprise

Estun Automation (02715) announced that its subsidiaries Nanjing Estun Automation Siasun Robot & Automation Engineering Co., Ltd. (hereinafter referred to as "Estun Automation Siasun Robot & Automation"), Estun Automation Intelligent Technology (Jiangsu) Co., Ltd. (hereinafter referred to as "Estun Automation Jiangsu Intelligent"), and Carl Krause Siasun Robot & Automation Technology (China) Co., Ltd. (hereinafter referred to as "Kruze China") recently received the high-tech enterprise certificate jointly issued by the Jiangsu Provincial Department of Science and Technology, Jiangsu Provincial Department of Finance, and the State Administration of Taxation Jiangsu Provincial Taxation Bureau. Among them, the subsidiaries Estun Automation Jiangsu Intelligent and Kruze China obtained the high-tech enterprise certification for the first time, while Estun Automation Siasun Robot & Automation underwent a review after the expiration of its original high-tech enterprise certificate. According to the "Enterprise Income Tax Law of the People's Republic of China," Estun Automation Siasun Robot & Automation, Estun Automation Jiangsu Intelligent, and Kruze China will enjoy relevant preferential policies for high-tech enterprises for three consecutive years after obtaining the high-tech enterprise certificate in this instance (i.e. from fiscal year 2025 to fiscal year 2027), and will pay corporate income tax at a rate of 15%. Estun Automation Siasun Robot & Automation, Estun Automation Jiangsu Intelligent, and Kruze China have already declared and prepaid taxes at the 15% corporate income tax rate in 2025.