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Huafang Co., Ltd. (600448): Obtained Financial Subsidy Of 1.55 Million Yuan
Huafang (600448) announced on the evening of March 4 that as of March 4, 2022, the company had received a total of 1.55 million yuan of service trade subsidies from Bincheng financial security center of Binzhou City.
According to the relevant provisions of accounting standards for business enterprises, the above funds will be included in the company's profit and loss in 2022 as income, which has a positive impact on the company's performance. The specific accounting treatment shall be subject to the results of the annual audit confirmation of the accountant.
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