Securities code: 688777 securities abbreviation: Zhejiang Supcon Technology Co.Ltd(688777) Announcement No.: 2021-058 Zhejiang Supcon Technology Co.Ltd(688777)
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 liabilities for the authenticity, accuracy and integrity of its contents according to law.
1、 Basic information of obtaining subsidies
Zhejiang Supcon Technology Co.Ltd(688777) (hereinafter referred to as “the company” or ” Zhejiang Supcon Technology Co.Ltd(688777) “) and its subsidiaries have received an accumulated government subsidy related to income of RMB 60056600 and an asset related government subsidy of RMB 551200 from September 25, 2021 to December 24, 2021.
2、 Types of subsidies and their impact on Listed Companies
The company recognizes the above matters and classifies the types of subsidies in accordance with the relevant provisions of the accounting standards for Business Enterprises No. 16 – government subsidies. The company received government subsidies related to income of RMB 60.0566 million and government subsidies related to assets of RMB 5512 million. The above government subsidies have a positive impact on the company’s profit in 2021. The specific accounting treatment and the impact on the company’s profit and loss in 2021 must still be subject to the results confirmed by the accountant’s annual audit. Please pay attention to the investment risks. It is hereby announced.
Zhejiang Supcon Technology Co.Ltd(688777) board of directors December 27, 2021
