YONGGUAN New Material: Subsidiary received government subsidies of 22.9789 million yuan
On the evening of September 16, YONGGUAN New Material announced that its wholly-owned subsidiary, Jiangxi Zhengguan Environmental Protection Biodegradable New Materials Co., Ltd., received a government subsidy related to revenue amounting to 22.9789 million yuan on September 16, 2025, accounting for 14.07% of the audited net profit attributable to shareholders of the listed company for the fiscal year 2024. The aforementioned government subsidy is expected to have a positive impact on the company's profits for the fiscal year 2025
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