---
title: "HCNC: Obtained project funding of 23.875 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/245695384.md"
description: "HCNC announced that the company recently received funding of RMB 3.875 million from the National High-Quality Development Special Project and RMB 20 million from the Provincial Manufacturing High-Quality Development Special Project, totaling RMB 23.875 million, which accounts for 43.12% of the absolute value of the company's audited net profit for the year 2024. The funds have been received and will be recorded as deferred income, to be recognized in other income in installments based on the progress of the project. The specific impact on the company's profit will still be subject to the results confirmed by the auditing agency"
datetime: "2025-06-23T11:53:13.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/245695384.md)
  - [en](https://longbridge.com/en/news/245695384.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/245695384.md)
generator: "portal-rs"
---

# HCNC: Obtained project funding of 23.875 million yuan

HCNC announced that the company recently received funding of 3.875 million yuan for the National High-Quality Development Special Project and 20 million yuan for the Provincial Manufacturing High-Quality Development Special Project, totaling 23.875 million yuan, which accounts for 43.12% of the absolute value of the company's audited net profit for the year 2024. The funds have been received and will be recorded as deferred income, to be recognized in other income in stages based on the progress of the project. The specific impact on the company's profit will still be subject to the results confirmed by the auditing agency

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