Chunxing Precision (002547.SZ) received equipment subsidy of 52.27 million yuan.

Intelligent Financial News APP, Chunxing Precision Machinery (002547.SZ) announced that the company recently received relevant information. With the approval of the Director's Office meeting of Jinzhai Development Zone, the company will fulfill the equipment subsidy for the year 2024. The actual subsidies are: Jinzhai Chunxing Precision Machinery Co., Ltd. (a wholly-owned subsidiary of the company, hereinafter referred to as "Jinzhai Chunxing") RMB 50.524 million, Anhui Chunxing Light Alloy Technology Co., Ltd. (a wholly-owned subsidiary of the company, hereinafter referred to as "Anhui Light Alloy") RMB 1.748 million. The funds will be allocated by Jinzhai County Industrial Investment Development Co., Ltd. (Jinzhai Investment) and will be used to repay the loans from Jinzhai Chunxing to Jinzhai Investment and Jinzhai Huijin Investment Co., Ltd. Jinzhai Chunxing has received the corresponding repayment receipts from Jinzhai Investment and Jinzhai Huijin Investment Co., Ltd.