Securities code: 603129 securities abbreviation: Zhejiang Cfmoto Power Co.Ltd(603129) Announcement No.: 2022-006 Zhejiang Cfmoto Power Co.Ltd(603129)
Announcement on re recognition of high-tech enterprises
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
Zhejiang Cfmoto Power Co.Ltd(603129) (hereinafter referred to as “the company”) recently received the certificate of high tech enterprise (Certificate No.: gr202133005744; issuing date: December 16, 2021; validity: three years) jointly approved and issued by Zhejiang Provincial Department of science and technology, Zhejiang Provincial Department of finance, State Administration of Taxation and Zhejiang Provincial Bureau of taxation.
The recognition of this high-tech enterprise is the re recognition after the expiration of the original certificate. According to the enterprise income tax law of the people’s Republic of China and other relevant provisions, the company will continue to enjoy the relevant preferential policies for high-tech enterprises for three consecutive years (from 2021 to 2023) from the re recognition of high-tech enterprises, that is, the enterprise income tax will be paid at the tax rate of 15%.
The company has made tax declaration and prepayment according to the enterprise income tax rate of 15% in 2021, so the recognition of high-tech enterprises will not have a significant impact on the company’s operating performance.
It is hereby announced.
Zhejiang Cfmoto Power Co.Ltd(603129) board of directors
February 23, 2022
