Zhitong Finance App News, Kangda New Materials (002669.SZ) announced that Kangda New Materials (Thailand) Co., Ltd., a holding subsidiary of the company, received the “Investment Promotion Committee Approval Letter” issued by the Investment Promotion Commission (BOI) of Thailand. Thai subsidiaries are exempt from corporate income tax of no more than 100% of the total actual investment amount, excluding land fees and working capital, for a period of 4 years, calculated from the date of commencement of operating income. If a loss occurs during the tax exemption period, the annual loss amount is allowed to be deducted from the net profit after the tax exemption period ends. If the deduction period does not exceed 5 years, you can choose to deduct it within one or many years. During the corporate income tax exemption period, income tax on promoted business dividends is exempt. Imported raw materials and essential materials used to produce export products and goods imported for re-export are exempt from import duties. The period is 1 year, calculated from the date of first import.

Zhitong Finance App News, Kangda New Materials (002669.SZ) announced that Kangda New Materials (Thailand) Co., Ltd., a holding subsidiary of the company, received the “Investment Promotion Committee Approval Letter” issued by the Investment Promotion Commission (BOI) of Thailand. Thai subsidiaries are exempt from corporate income tax of no more than 100% of the total actual investment amount, excluding land fees and working capital, for a period of 4 years, calculated from the date of commencement of operating income. If a loss occurs during the tax exemption period, the annual loss amount is allowed to be deducted from the net profit after the tax exemption period ends. If the deduction period does not exceed 5 years, you can choose to deduct it within one or many years. During the corporate income tax exemption period, income tax on promoted business dividends is exempt. Imported raw materials and essential materials used to produce export products and goods imported for re-export are exempt from import duties. The period is 1 year, calculated from the date of first import.