Securities code: 600166 securities abbreviation: Beiqi Foton Motor Co.Ltd(600166) No.: pro 2022-017 Beiqi Foton Motor Co.Ltd(600166)
Announcement on obtaining government subsidies
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or material omissions in the contents of this announcement
And bear individual and joint liabilities for the authenticity, accuracy and integrity of its contents.
1、 Basic information of obtaining subsidies
From January 18, 2022 to February 7, 2022, the company received 4 government subsidies including project funds
Assistance, totaling 22825214.86 yuan (excluding the amount of government subsidies transferred from deferred income to profit and loss in previous years, not included)
Audited). Details are as follows:
Notes to subsidy items entry date subsidy amount (yuan) subsidy basis
number
1. Project funds 2022-1-31 22500000.00/income related
2. Single amount less than 500000 yuan / 325214.86 yuan / government subsidy (3 in total)
Total 22825214.86
Note 1: since about 70 accounting entities correspond to various banks, there is a slight difference between the receipt of each bank and the entry time.
Note 2: the reason why the subsidy basis of relevant projects is not disclosed is that the relevant government departments have not issued approval documents.
2、 Types of subsidies and their impact on Listed Companies
According to the relevant provisions of the accounting standards for Business Enterprises No. 16 - government subsidies, the government subsidies are divided into
Government subsidies related to assets and income.
1. Government subsidies related to assets shall offset the book value of relevant assets or be recognized as deferred income,
If the government subsidies related to assets are recognized as deferred income, they shall be recognized within the service life of relevant assets in a reasonable and systematic manner
It is included in profit and loss by stages according to the unified method. Government subsidies measured in nominal amount are directly included in current profits and losses.
2. The government subsidy related to income is used to compensate the relevant costs or losses of the enterprise in the future,
It shall be recognized as deferred income and shall be included in the current profit and loss or offset the relevant profit and loss during the period when the relevant costs or losses are recognized
Ben; If it is used to compensate the relevant costs or losses incurred by the enterprise, it shall be directly included in the current profit and loss or offset the relevant costs
Ben.
3. For all government subsidies, the government subsidies related to the daily activities of the enterprise shall be calculated according to the economic benefits
The essence of the business shall be included in other income or offset against relevant costs; Government subsidies unrelated to the daily activities of the enterprise shall
When included in non operating income and expenditure.
The accounting treatment of the above subsidies and their impact on the company's profit and loss in 2022 are finally confirmed by the annual audit of accountants
The result of the test shall prevail. Please pay attention to investment risks.
It is hereby announced.
Beiqi Foton Motor Co.Ltd(600166) board of directors
Documents for reference on February 7, 2002 (I) bank receipt (II) subsidy basis
