---
title: "TOPWAY and its subsidiaries can continue to enjoy the preferential policy of exemption from corporate income tax"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/223013652.md"
description: "TOPWAY and its subsidiaries will continue to enjoy the preferential policy of exemption from corporate income tax, valid from January 1, 2024, to December 31, 2027. This policy is expected to reduce the company's income tax expenses by approximately 3.78 million yuan in the fiscal year 2024, thereby increasing the net profit for the fiscal year 2024 by approximately 3.78 million yuan"
datetime: "2024-12-22T08:39:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/223013652.md)
  - [en](https://longbridge.com/en/news/223013652.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/223013652.md)
generator: "portal-rs"
---

# TOPWAY and its subsidiaries can continue to enjoy the preferential policy of exemption from corporate income tax

According to the Zhitong Finance APP, TOPWAY (002238.SZ) announced that the company and its subsidiaries Shenzhen Tianbao Broadcasting and Television Network Co., Ltd., Shenzhen Tianlong Broadcasting and Television Network Co., Ltd., and Shenzhen Yihe Co., Ltd. can continue to enjoy the preferential policy of exemption from corporate income tax, valid from January 1, 2024, to December 31, 2027.

The company expects that the exemption from corporate income tax will reduce its income tax expense by approximately 3.78 million yuan for the year 2024, which will correspondingly increase the company's net profit for 2024 by approximately 3.78 million yuan

### Related Stocks

- [002238.CN](https://longbridge.com/en/quote/002238.CN.md)
- [600037.CN](https://longbridge.com/en/quote/600037.CN.md)
- [002783.CN](https://longbridge.com/en/quote/002783.CN.md)

## Related News & Research

- [FOCUS-Why Dutch insurers remain on the sidelines as Netherlands pushes defence spending](https://longbridge.com/en/news/296733242.md)
- [Fjord Defence Group private placement raises NOK 412.5 million at NOK 16.5 per share](https://longbridge.com/en/news/296780008.md)
- [Romerike Sparebank converts NOK 510.58 million foundation capital into equity certificates, sets up savings bank foundation](https://longbridge.com/en/news/296745602.md)
- [Zaptec (OB:ZAP) Stock Price Reflects A Sharper Profit Engine](https://longbridge.com/en/news/296529847.md)
- [Li-S Energy ships first lithium-sulfur battery cells to US Army DEVCOM for evaluation](https://longbridge.com/en/news/296792089.md)

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