---
title: "TFNY received a residential electricity price subsidy of 69.4557 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/222660727.md"
description: "According to the Zhitong Finance APP, TFNY announced that the company received a residential electricity price subsidy of 69.4557 million yuan for the period from July 2023 to June 2024, accounting for 0.94% of the audited equity attributable to the parent company's owners for the year 2023. The residential electricity price subsidy of 69.4557 million yuan received this time will directly offset \"accounts receivable,\" improving the company's cash flow without affecting the company's current profit and loss"
datetime: "2024-12-18T10:02:05.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/222660727.md)
  - [en](https://longbridge.com/en/news/222660727.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/222660727.md)
generator: "portal-rs"
---

# TFNY received a residential electricity price subsidy of 69.4557 million yuan

According to the Zhitong Finance APP, TFNY (600509.SH) announced that the company received a residential electricity price subsidy of CNY 69.4557 million for the period from July 2023 to June 2024, accounting for 0.94% of the audited equity attributable to the parent company's owners for the year 2023. The residential electricity price subsidy of CNY 69.4557 million received this time will directly offset "accounts receivable," improving the company's cash flow without affecting the company's current profit and loss

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**