---
title: "ZNGF received government subsidy funds of 33.85 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/222776520.md"
description: "According to the Zhitong Finance APP, ZNGF announced that the company recently received a special subsidy of 33.85 million yuan from the Shaoguan Municipal Development and Reform Bureau for three projects: \"Wide plate production supporting process transformation, continuous casting machine billet transportation insulation transformation, and one-click steelmaking technology transformation.\" This subsidy is part of the 2024 ultra-long-term special government bonds to promote large-scale equipment renewal projects, and the aforementioned subsidy funds have been received"
datetime: "2024-12-19T08:27:05.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/222776520.md)
  - [en](https://longbridge.com/en/news/222776520.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/222776520.md)
generator: "portal-rs"
---

# ZNGF received government subsidy funds of 33.85 million yuan

According to the Zhitong Finance APP, ZNGF (000717.SZ) announced that the company recently received a special subsidy of 33.85 million yuan from the Shaoguan Municipal Development and Reform Bureau for three projects: "Wide plate production supporting process transformation, continuous casting machine billet transportation insulation transformation, and one-click steelmaking technology transformation." This subsidy is part of the 2024 ultra-long-term special government bond to promote large-scale equipment renewal projects, and the aforementioned subsidy funds have been received

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