Yutong Bus announced that the company and its subsidiaries received $164 million in various government subsidies from January 1, 2025 to March 31, 2025. Specifically, it includes research project subsidies of 38,386,600 yuan, industry grants of 122 million yuan, talent incentives and subsidies of 1,238,400 yuan, R&D expenses of 1.027,500 yuan and other 1 million yuan. Among them, government subsidies of 18.3272 million yuan related to income are included in current profit and loss, 12.567 million yuan is included in deferred income, and 133 million yuan of government subsidies related to assets are included in deferred income. The above government subsidies affected the company's net profit of 26.1657 million yuan attributable to shareholders of the parent company.

Yutong Bus announced that the company and its subsidiaries received $164 million in various government subsidies from January 1, 2025 to March 31, 2025. Specifically, it includes research project subsidies of 38,386,600 yuan, industry grants of 122 million yuan, talent incentives and subsidies of 1,238,400 yuan, R&D expenses of 1.027,500 yuan and other 1 million yuan. Among them, government subsidies of 18.3272 million yuan related to income are included in current profit and loss, 12.567 million yuan is included in deferred income, and 133 million yuan of government subsidies related to assets are included in deferred income. The above government subsidies affected the company's net profit of 26.1657 million yuan attributable to shareholders of the parent company.