Shanghai Fudan Receives RMB 43.43 Million in Government Subsidies

Stock News
Aug 29

SHANGHAI FUDAN (01385) has announced that it recently received government subsidy payments totaling RMB 43.43 million.

According to the company's disclosure, these subsidies are classified as income-related government grants, representing approximately 18.69% of the company's audited net profit attributable to shareholders for the most recent fiscal year.

The funds were received by Shanghai Fudan Microelectronics Group Co., Ltd., the entity behind the listed entity, as part of its ongoing operations.

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