Securities code: 688030 securities abbreviation: Hillstone Networks Co.Ltd(688030) Announcement No.: 2022-004
Hillstone Networks Co.Ltd(688030)
Announcement on obtaining government subsidies
The board of directors and all directors of the company guarantee that there are no false records and misleading statements in the contents of this announcement
Or major omissions, and shall bear legal responsibility for the authenticity, accuracy and integrity of its contents according to law.
1、 Basic information of subsidies
Hillstone Networks Co.Ltd(688030) (hereinafter referred to as “the company” or ” Hillstone Networks Co.Ltd(688030) “) and wholly-owned subsidiaries
The company Beijing Hillstone Networks Co.Ltd(688030) Information Technology Co., Ltd. (hereinafter referred to as “Beijing Shanshi”) has been established since December 2021
From January 9 to January 18, 2022, the accumulated government subsidies were RMB 12655695.70,
The details are as follows:
No. subsidy content of payee subsidy amount (yuan) subsidy basis of issuing entity
Software product value added tax notice of the Ministry of Finance and the State Administration of Taxation on 1 Hillstone Networks Co.Ltd(688030) tax rebate 7258848.06 software product value added tax policy of the State Administration of Taxation (CS [2011] No. 100)
Software product value added tax notice of the Ministry of Finance and the State Administration of Taxation on 2 Beijing Shanshi tax rebate 474647.64 software product value added tax policy of the State Administration of Taxation (CS [2011] No. 100)
Notice of Suzhou Human Resources Bureau on printing and distributing the detailed rules for the implementation of 122200.00 subsidy for enterprise employee 3 Hillstone Networks Co.Ltd(688030) training in Suzhou for resource and social post skill improvement
About allocating 300000.00 Suzhou New District Hi-Tech Industrial Co.Ltd(600736) scientific and technological innovation and innovation 4 Hillstone Networks Co.Ltd(688030) scientific and technological innovation entrepreneurs of some high tech zones in 2019, 2020 and 2021 (Huqiu District) Generalist of the first project fund for scientific talents the first project is known by the Bureau of technology and innovation
fee
Notice on Issuing 4500000.00 special funds for the transformation and upgrading of Suzhou’s industrial industry and information industry and the fund budget of the information bureau of the third batch of provincial 5 Hillstone Networks Co.Ltd(688030) industry and information industry in 2021
Gold [Note 1]
Total 12655695.70 —
Note: as of January 18, 2022, the government subsidy has not been received.
2、 Types of subsidies and their impact on Listed Companies
According to the accounting standards for Business Enterprises No. 16 – government subsidies and other relevant provisions, the above government subsidies of 12655695.70 yuan are income related government subsidies. The above-mentioned government subsidies have not been audited. The specific accounting treatment and the impact on the company’s profit and loss in 2021 and 2022 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!
Hillstone Networks Co.Ltd(688030) board of directors January 19, 2022
