Securities code: 000488 200488 securities abbreviation: Shandong Chenming Paper Holdings Limited(000488) Chenming B Announcement No.: 2022-002 Shandong Chenming Paper Holdings Limited(000488)
Announcement on the recognition of the company and its subsidiaries as high-tech enterprises
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 major omissions.
1、 Basic information
Shandong Chenming Paper Holdings Limited(000488) (hereinafter referred to as “the company”) and its subsidiary Shouguang Meilun Paper Co., Ltd. (hereinafter referred to as “Shouguang Meilun”) recently received the certificate of high-tech enterprise jointly issued by Shandong Provincial Department of science and technology, Shandong Provincial Department of finance, the State Administration of Taxation and Shandong Provincial Taxation Bureau, and recognized the company and Shouguang Meilun as high-tech enterprises, The certificate numbers are gr202137005666 and gr202137005468 respectively. The certificate is issued on December 15, 2021 and is valid for three years.
The company’s subsidiary Zhanjiang Chenming pulp and Paper Co., Ltd. (hereinafter referred to as “Zhanjiang Chenming”) recently received the announcement on filing the first batch of high-tech enterprises identified in Guangdong Province in 2021 issued by the National Leading Group Office for the identification and management of high-tech enterprises, which identified Zhanjiang Chenming as a high-tech enterprise, The certificate number is gr202144001212, the issuing date is December 20, 2021, and the validity period is three years.
2、 Impact on the company
According to the enterprise income tax law of the people’s Republic of China and the relevant national tax policies for high-tech enterprises, the company and Shouguang Meilun and Zhanjiang Chenming enjoy the preferential income tax policies for high-tech enterprises within three years (i.e. 2021-2023) from the year when they are recognized as high-tech enterprises, and pay the enterprise income tax at the rate of 15%.
This high-tech enterprise recognition is a re recognition after the expiration of the original certificates of the company, Shouguang Meilun and Zhanjiang Chenming. It is a full affirmation of the R & D and innovation ability and technical strength of the company and its subsidiaries, which is conducive to reducing the tax burden of enterprises and further improving the core competitiveness and profitability of the company.
It is hereby announced.
Shandong Chenming Paper Holdings Limited(000488) board of directors February 10, 2002
