Securities code: 688118 securities abbreviation: Primeton Information Technologies Inc(688118) Announcement No.: 2022-007 Primeton Information Technologies Inc(688118)
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 major omissions in the contents of this announcement, and bear legal responsibility for the authenticity, accuracy and integrity of its contents according to law.
1、 Basic information of subsidies
Primeton Information Technologies Inc(688118) (hereinafter referred to as “the company”), its wholly-owned subsidiary Puyuan financial technology (Ningbo) Co., Ltd. and its wholly-owned subsidiary Beijing Puyuan Smart Data Technology Co., Ltd. have received a cumulative government subsidy of 7500420.87 yuan from July 8, 2021 to February 24, 2022. Among them, the government subsidy related to income is 6510420.87 yuan and the government subsidy related to assets is 990000.00 yuan.
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 company recognizes the above matters and divides the types of subsidies. The above government subsidies have not been audited. The specific accounting treatment and the impact on the company’s profit and loss in 2021 and 2022 shall be subject to the results confirmed by the audit institution.
Please pay attention to investment risks.
It is hereby announced.
Primeton Information Technologies Inc(688118) board of directors February 25, 2022
