Securities code: Chipsea Technologies (Shenzhen) Corp.Ltd(688595) securities abbreviation: Chipsea Technologies (Shenzhen) Corp.Ltd(688595) Announcement No.: 2022013 Chipsea Technologies (Shenzhen) Corp.Ltd(688595) (Shenzhen) Co., Ltd
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
Chipsea Technologies (Shenzhen) Corp.Ltd(688595) (Shenzhen) Co., Ltd. (hereinafter referred to as “the company”) and its wholly-owned subsidiary Hefei Xinhai Electronic Technology Co., Ltd. have received a total of 926714259 yuan of government subsidies from March 23, 2022 to April 4, 2022, including 651934259 yuan of government subsidies related to income and 274780000 yuan of government subsidies related to assets.
2、 Types of subsidies and their impact on the company
According to the accounting standards for Business Enterprises No. 16 – government subsidies and other relevant provisions, the above-mentioned companies and subsidiaries have received a total of 926714259 yuan of government subsidies from March 23, 2022 to April 4, 2022, including 651934259 yuan of government subsidies related to income and 274780000 yuan of government subsidies related to assets. It is expected that the above government subsidies will have a certain positive impact on the company’s profit in 2022.
The above-mentioned government subsidies have not been audited. The specific accounting treatment and the impact on the relevant annual profits and losses of the company must be subject to the results confirmed by the annual audit of the audit institution. Please pay attention to investment risks.
It is hereby announced.
Chipsea Technologies (Shenzhen) Corp.Ltd(688595) (Shenzhen) Co., Ltd. board of directors April 6, 2022
