---
title: "BAIYANG: Subsidiary receives government subsidy of 12.1908 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/246665463.md"
description: "BAIYANG announced that its wholly-owned subsidiary Guangxi Xianghe Shun Ocean Fishing Co., Ltd. received government subsidies totaling RMB 12.1908 million on June 30, 2025, all of which are related to revenue, accounting for 79.92% of the audited net profit attributable to the shareholders of the listed company for the fiscal year 2024"
datetime: "2025-06-30T11:45:22.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/246665463.md)
  - [en](https://longbridge.com/en/news/246665463.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/246665463.md)
---

# BAIYANG: Subsidiary receives government subsidy of 12.1908 million yuan

BAIYANG announced that its wholly-owned subsidiary Guangxi Xianghe Shun Ocean Fishing Co., Ltd. received government subsidies totaling RMB 12.1908 million on June 30, 2025, all of which are related to revenue, accounting for 79.92% of the audited net profit attributable to shareholders of the listed company for the fiscal year 2024

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