Bece Legend Group Co.Ltd(000803) : Announcement on subsidiary companies receiving government subsidies

Securities code: 000803 securities abbreviation: Bece Legend Group Co.Ltd(000803) Announcement No.: 2022-022

Bece Legend Group Co.Ltd(000803)

Announcement on government subsidies received by subsidiaries

The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records

Misleading statements or material omissions.

1、 Basic information of government subsidies obtained this time

Beijing Xincheng Thermal Power Co., Ltd., a subsidiary of Bece Legend Group Co.Ltd(000803) (hereinafter referred to as “the company”)

The company (hereinafter referred to as “Xincheng heat”) received the heat supplement from Beijing Urban Management Committee on February 7, 2022

42.08 million yuan, accounting for more than 10% of the company’s audited net profit attributable to shareholders of Listed Companies in 2020; and

The absolute amount exceeds 1 million yuan. The details are announced as follows:

Whether with

Amount of subsidy received: whether the subsidy company has a main subsidy project (10000 yuan) on a daily basis The form of time of receipt subsidy is based on the type of regular operation, which is related to the continuity of sustainable activities

Beijing Municipal Commission of urban management

Beijing Municipal Council of city members Beijing Municipal Bureau of Finance

The heat supply subsidy cash of Xincheng Thermal Power Management Committee on optimizing and adjusting the income of cogeneration is 4208 2022.2.7 central heating subsidy mechanism

Notice of members’ meeting (issued by Beijing Management Office)

[2020] No. 232)

2、 Types of subsidies and their impact on Listed Companies

1. Type of subsidy

If the economic resources obtained by enterprises from the government are closely related to the activities of enterprises such as selling goods or providing services

If it is the consideration or part of the consideration of an enterprise’s goods or services, the accounting standards for Business Enterprises No

No. 14 – income and other relevant accounting standards.

The new town heat received government subsidies, which are confirmed to be closely related to the activities of enterprises such as selling goods or providing services

The government subsidy related to the consideration or part of the consideration of the enterprise’s goods or services is 4208

Ten thousand yuan.

2. Recognition and measurement of subsidies

According to the accounting standards for Business Enterprises No. 14 – income and other relevant accounting standards, the above subsidies belong to

The activities of selling goods or providing services are closely related, and are the consideration or right of the enterprise’s goods or services

The government related to the components of the price is included in the operating revenue of 42.08 million yuan.

3. Impact of subsidies on Listed Companies

The acquisition of the above-mentioned government subsidies by the subsidiaries is expected to have an impact on the total profits of the company in the current period of 42.08 million yuan.

4. Impact on the company and risk tips

The specific accounting treatment of this government subsidy and its impact on the relevant financial data of the company shall be subject to the results confirmed by the accountant after audit. Please pay attention to investment risks.

3、 Documents for future reference

1. Subsidy collection voucher.

It is hereby announced.

Bece Legend Group Co.Ltd(000803) board of directors

February 8, 2022

- Advertisment -