Navinfo Co.Ltd(002405) : Announcement on the company and its subsidiaries receiving VAT refund and government subsidies for software products

Securities code: 002405 securities abbreviation: Navinfo Co.Ltd(002405) Announcement No.: 2022-001 Navinfo Co.Ltd(002405)

About VAT refund of software products received by the company and its subsidiaries

And government subsidies

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

Recently, Navinfo Co.Ltd(002405) (hereinafter referred to as “the company”) and its subsidiaries received a total of 53.6798 million yuan of value-added tax refund and other government subsidies for independently developed software products in November 2021 (the data is Unaudited). The above government subsidies obtained by the company and its subsidiaries are in the form of cash. As of the date of this announcement, all the above subsidies have been received. See the following table for details:

whether

Whether the subsidy amount obtained by the owner on the same day is issued according to the subsidy often with tangible reasons or projects (10000 yuan) Body type is related to continuous dynamic phase of operation

Beijing HCS [2011] No. 100

Zhonghuanwei VAT refund to the tax department of Diandian District

Star navigation tax, network Freight Bureau, Xiangyang Development Zone) management committee, Zhonghuan health and collection

Communication and transportation business finance 2924.42 economic and technological star navigation Communication Co., Ltd. is a public welfare company subsidized by the Finance Department of the development zone as a vehicle free carrier (network customs)

Cooperation agreement of Political Bureau and other freight) projects

Book, etc

Hefei Jie, Secretary of Anhui Provincial Economic and Anhui political office [2021] 82 and income in 2021

Development technology industry internet development 1188.43 Jihe information number, Anhui political office secretary [2021] yixiangshi limited public exhibition policy Zihua hall No. 71, etc

Si Jin, 2021

Support China voice

Valley innovation and development

Several policy resources

Jin et al

Beijing IV

Weitu new Beijing Haihe collection Co., Ltd

VAT refund for science and technology shares 952.37 Dian District tax Cai Shui [2011] No. 100 yixiangshi Share Co., Ltd

company

Hefei hi tech and capital

No. 125.00 letter office of Shenggu, Weitu new area, to “reveal whether Hefei Economic and Anhui political office secretary [2021] 71 production phase is in the command of science and technology”

Limited company subsidies

Xi’an No.4 2021 plan

Weitu Xinshang enterprise R & D stable post expansion and income of high unemployment insurance in Jinan

Information technology award supplement, tongyixiang Technology Co., Ltd. on the implementation of social policies in 118.56 new area at the municipal level, etc

Company subsidies, etc

Wuhan East Lake

New technology development zone Wuhan East Lake High Technology Group Co.Ltd(600133)

Finance and revenue of Wuhan IV New Development Zone in 2021

VITU new economic policy award 28.90 and state owned assets supervision and administration wurenshe letter (2020) are science and technology incentive subsidies, Yiguan Bureau and Wu No. 49 customs

Subsidy for work representative training of Co., Ltd. Han Finance

Other special funds

Special account, etc

Beijing four based on consistency

Dimensional map new super perceptual content and information

Automatic driving of science and technology unit whether the production phase of National Natural Science Foundation of Tsinghua University is limited to driving vehicle sensing 21.70 off

Company data intelligence

Information fusion project

2020 Changsha information

Changsha Shashi software and industrial park manager Gongxin Information Development Co., Ltd

HTK information technology service committee member [2021] No. 1, long-term worker and receiver

Technology Co., Ltd. Business Development Award 8.60 meeting, Changsha xininfofa [2020] 100 whether Yixiang company will supplement funds, and the municipal unemployment insurance number is closed

Project and post stabilization insurance service

Intimate

Total 5367.98 —–

2、 Types of subsidies and their impact on Listed Companies

1. Type of subsidy

According to the accounting standards for Business Enterprises No. 16 – government subsidies, the government subsidies related to assets refer to the government subsidies obtained by the enterprise for the purchase and construction or the formation of long-term assets in other ways; Government subsidies related to income refer to government subsidies other than those related to assets.

The company and its subsidiaries received a total of 53.6798 million yuan of government subsidies, including 52.2128 million yuan of government subsidies related to income and 1.467 million yuan of government subsidies related to assets.

2. Recognition and measurement of subsidies

According to the accounting standards for Business Enterprises No. 16 – government subsidies, government subsidies related to daily activities shall be included in other income or offset against relevant costs according to the essence of economic business; Government subsidies unrelated to the daily activities of the enterprise shall be included in non operating income. The final results shall be subject to the audit results of the accounting firm.

3. Impact of subsidies on Listed Companies

The VAT refund and other government subsidies received by the company and its subsidiaries are expected to increase the total pre tax profit of the company by 52.2128 million yuan this year, and the impact on the net profit attributable to the parent company is about 31.2986 million yuan. The final results shall be subject to the audit results of the accounting firm.

4. Risk tips and other instructions

The specific accounting treatment of government subsidies disclosed this time shall be subject to the audit results of accounting firms. Investors are reminded to pay attention to investment risks.

3、 Documents for future reference

1. Relevant collection certificates, etc. It is hereby announced.

Navinfo Co.Ltd(002405) board of directors

January 7, 2022

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