Chinor Mens Get Government Subsidy of $20.4 Million
2019-12-20 12:03:41
In the near future, Jinor Mens Co., Ltd. received the “Notice on Budgetary Expenditure Release†issued by Zhucheng Finance Bureau (Zhucaojianzizi [2012] No. 249), and issued a subsidy of RMB 20.4 million for the project.
Nuer Mens Co., Ltd.
Announcement on obtaining government subsidies
The company and all members of the board of directors ensure that the contents of information disclosure are true, accurate and complete, and there are no false records, misleading statements or major omissions.
Chinore Mens Co., Ltd. (hereinafter referred to as the "Company") has recently received the "Notice on Budgetary Expenditure Released" issued by the Zhucheng Finance Bureau (hereinafter referred to as "the Finance Bureau"). No. 249), issued a subsidy of RMB 20.4 million for the company's project.
The above funds have been allocated to the company’s capital account in recent days. In accordance with the relevant provisions of the "Accounting Standards for Business Enterprises", the company determined the above-mentioned funds as non-operating income and included it in the company's profit and loss in 2012. The specific accounting treatment shall be based on the auditor's annual audit results. The acquisition of the above funds will have a positive impact on the company's 2012 results.
Investors are advised to invest rationally and pay attention to investment risks.
Special announcement.
Shinoor Men's Co., Ltd. Board of Directors
October 8, 2012
Announcement on obtaining government subsidies
The company and all members of the board of directors ensure that the contents of information disclosure are true, accurate and complete, and there are no false records, misleading statements or major omissions.
Chinore Mens Co., Ltd. (hereinafter referred to as the "Company") has recently received the "Notice on Budgetary Expenditure Released" issued by the Zhucheng Finance Bureau (hereinafter referred to as "the Finance Bureau"). No. 249), issued a subsidy of RMB 20.4 million for the company's project.
The above funds have been allocated to the company’s capital account in recent days. In accordance with the relevant provisions of the "Accounting Standards for Business Enterprises", the company determined the above-mentioned funds as non-operating income and included it in the company's profit and loss in 2012. The specific accounting treatment shall be based on the auditor's annual audit results. The acquisition of the above funds will have a positive impact on the company's 2012 results.
Investors are advised to invest rationally and pay attention to investment risks.
Special announcement.
Shinoor Men's Co., Ltd. Board of Directors
October 8, 2012
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