--- title: "FESCO: Obtained 358 million yuan in industrial policy funds" type: "News" locale: "en" url: "https://longbridge.com/en/news/233597593.md" description: "FESCO announced that its holding subsidiary received industry policy funds related to revenue amounting to 358 million yuan on March 27, 2025, accounting for 65.33% of the company's audited net profit for the year 2023. According to the relevant provisions of the \"Enterprise Accounting Standards,\" these funds will be directly included in the company's current profit and loss, and are expected to have a positive impact on the company's profit and loss for the year 2025. The specific accounting treatment and impact amount will be subject to the results confirmed by the accounting firm" datetime: "2025-03-28T09:07:42.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/233597593.md) - [en](https://longbridge.com/en/news/233597593.md) - [zh-HK](https://longbridge.com/zh-HK/news/233597593.md) generator: "portal-rs" --- # FESCO: Obtained 358 million yuan in industrial policy funds FESCO announced that its holding subsidiary received 358 million yuan in industry policy funds related to revenue on March 27, 2025, accounting for 65.33% of the company's audited net profit for the year 2023. According to the relevant provisions of the "Enterprise Accounting Standards," this fund will be directly included in the company's current profit and loss, and is expected to have a positive impact on the company's profit and loss for the year 2025. The specific accounting treatment and impact amount will be subject to the results confirmed by the accounting firm ### Related Stocks - [600861.CN](https://longbridge.com/en/quote/600861.CN.md) ## Related News & Research - [North West Company reporte Q2 results](https://longbridge.com/en/news/298404281.md) - [BolognaFiere announces extraordinary shareholder meeting](https://longbridge.com/en/news/298304099.md) - [Vietnam: VinBus deploys 50 electric school buses](https://longbridge.com/en/news/298470859.md) - [REG - Nomad Compute PLC - Directorate Change](https://longbridge.com/en/news/298223681.md) - [Misitano & Stracuzzi files updated bylaws after conversion of 3,600,000 price adjustment shares](https://longbridge.com/en/news/298225511.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**