SHENHUA HOLDINGS: Received government subsidies of 6.8839 million yuan

SHENHUA HOLDINGS announced that its controlling subsidiary Dongyang Baolifeng Automobile Sales Service Co., Ltd. recently received a government subsidy of 6.8839 million yuan, accounting for 17.83% of the company's audited net profit for the year 2024. This government subsidy is classified as a revenue-related government grant and will be included in the current profit and loss. The specific accounting treatment and its impact on the company's profit and loss will ultimately be subject to the results confirmed by the annual audit by the accountant