Cansino Biotech (06185) recently received a government grant of 2,8663 million yuan

Zhitong Finance App News, Cansino Biotech (06185) announced that the company recently received a government subsidy of RMB 2,8663 million. As a government subsidy related to revenue, the company has actually received the payment and confirmed it as current income, accounting for 10.28% of the company's audited net profit for the most recent fiscal year.

The company confirms the above subsidy matters and divides the types of subsidies in accordance with the relevant provisions of the “Accounting Standard for Enterprises No. 16 - Government Grants”. The government subsidies received above are expected to have a positive impact on the company's profits.