UNIFULL: Received a government subsidy of 7.42 million yuan for project equipment upgrades

UNIFULL announced that it recently received a government subsidy of 7.42 million yuan for project equipment updates, which has been credited to its account. The subsidy amount accounts for 27.64% and 0.80% of the company's audited net profit and equity attributable to shareholders of the parent company for the previous fiscal year, respectively, and is related to assets and daily operating activities. The received subsidy will first be recorded as deferred income, and after the project is successfully accepted, the deferred income will be amortized into profit and loss over the estimated useful life of the asset. The specific accounting treatment and its impact on financial data will be subject to the results of the annual audit by the accountant