---
title: "FESCO: Obtained 358 million yuan in industrial policy funds"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/233597593.md"
description: "FESCO announced that its holding subsidiary received industry policy funds related to revenue amounting to 358 million yuan on March 27, 2025, accounting for 65.33% of the company's audited net profit for the year 2023. According to the relevant provisions of the \"Enterprise Accounting Standards,\" these funds will be directly included in the company's current profit and loss, and are expected to have a positive impact on the company's profit and loss for the year 2025. The specific accounting treatment and impact amount will be subject to the results confirmed by the accounting firm"
datetime: "2025-03-28T09:07:42.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/233597593.md)
  - [en](https://longbridge.com/en/news/233597593.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/233597593.md)
generator: "portal-rs"
---

# FESCO: Obtained 358 million yuan in industrial policy funds

FESCO announced that its holding subsidiary received 358 million yuan in industry policy funds related to revenue on March 27, 2025, accounting for 65.33% of the company's audited net profit for the year 2023. According to the relevant provisions of the "Enterprise Accounting Standards," this fund will be directly included in the company's current profit and loss, and is expected to have a positive impact on the company's profit and loss for the year 2025. The specific accounting treatment and impact amount will be subject to the results confirmed by the accounting firm

### Related Stocks

- [600861.CN](https://longbridge.com/en/quote/600861.CN.md)

## Related News & Research

- [Attendo signs sustainability-linked financing tied to customer, employee satisfaction targets](https://longbridge.com/en/news/296443362.md)
- [REG - CQS New City HighYld - Issue of Equity](https://longbridge.com/en/news/296635226.md)
- [Thailand to discuss proposed taxes with gold association this week, Finance Minister says](https://longbridge.com/en/news/296736129.md)
- [Beforepay Group: Record profitability and rapid Personal Loans growth, with lower funding costs ahead](https://longbridge.com/en/news/296833890.md)
- [KENH: Record order intake and gross profit in Q2 signal strong growth momentum](https://longbridge.com/en/news/296444454.md)

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