Hengtong Group: Subsidiary receives government subsidy of RMB 38.8277 million.
On December 26, Hengtong Technology announced that its wholly-owned subsidiary, Hengtong Precision Copper Foil Technology Co., Ltd., recently received a government grant of 38.8277 million yuan, of which 18.8277 million yuan is related to assets, accounting for 0.55% of the net assets attributable to the shareholders of the listed company in 2024; and 20 million yuan is related to income, accounting for 10.56% of the net profit attributable to the shareholders of the listed company in 2024 after audit.
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