---
title: "HCNC: Received national project funding of 41.7691 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/248930017.md"
description: "HCNC announced that it recently received national project funding of CNY 41.7691 million, accounting for 75.44% of the absolute value of the company's audited net profit for the fiscal year 2024. Among this, CNY 11.1152 million is recognized as asset-related, and CNY 30.6539 million is recognized as income-related. This funding will be recorded as deferred income and will be recognized in other income in installments based on the progress of the project. The specific impact on the company's profit will be subject to the results confirmed by the auditing agency"
datetime: "2025-07-17T08:58:40.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/248930017.md)
  - [en](https://longbridge.com/en/news/248930017.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/248930017.md)
generator: "portal-rs"
---

# HCNC: Received national project funding of 41.7691 million yuan

HCNC announced that it recently received national project funding of 41.7691 million yuan, accounting for 75.44% of the absolute value of the company's audited net profit for the year 2024. Among this, 11.1152 million yuan is recognized as asset-related, and 30.6539 million yuan is recognized as income-related. This funding will be recorded as deferred income and will be recognized in other income in installments based on the progress of the project. The specific impact on the company's profit will 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.**