---
title: "TGWC: Wholly-owned subsidiary pays back taxes of 46.9852 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/245406879.md"
description: "TGWC announced that the company has conducted a self-examination and found that its wholly-owned subsidiaries, Baitao Electric Power Company and Zhengyang Power Supply Company, need to pay a total of 46.9852 million yuan in overdue corporate income tax benefits and late fees for the period from 2021 to 2023. Among them, Baitao Electric Power Company needs to pay 38.4078 million yuan, and Zhengyang Power Supply Company needs to pay 8.5774 million yuan. The tax and late fees have now been fully paid, and it is expected to reduce the net profit attributable to shareholders of the listed company by 46.9852 million yuan in 2025"
datetime: "2025-06-20T09:10:34.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/245406879.md)
  - [en](https://longbridge.com/en/news/245406879.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/245406879.md)
generator: "portal-rs"
---

# TGWC: Wholly-owned subsidiary pays back taxes of 46.9852 million yuan

TGWC announced that the company has conducted a self-examination and found that its wholly-owned subsidiaries, Baitao Electric Power Company and Zhengyang Power Supply Company, need to pay a total of 46.9852 million yuan in overdue corporate income tax benefits and late fees for the period from 2021 to 2023. Among them, Baitao Electric Power Company needs to pay 38.4078 million yuan, and Zhengyang Power Supply Company needs to pay 8.5774 million yuan. The tax and late fees have now been fully paid, and it is expected to reduce the net profit attributable to shareholders of the listed company by 46.9852 million yuan in 2025

### Related Stocks

- [600116.CN](https://longbridge.com/en/quote/600116.CN.md)

## Related News & Research

- [Fuyao lists a solar sunroof capable of producing 150 watts per square meter](https://longbridge.com/en/news/296744078.md)
- [CrossCountry cancels almost all trains after power cut](https://longbridge.com/en/news/296698005.md)
- [Apollo Atomics wants to make nuclear power cheaper by shrinking an overlooked part](https://longbridge.com/en/news/296502139.md)
- [09:08 ETChariot Defense Secures DIU Contract to Build Army's Tactical Power Grid](https://longbridge.com/en/news/296793402.md)
- [Athene shifts CLO exposure toward AMAPS, citing tighter spreads in CLO market](https://longbridge.com/en/news/296791254.md)

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