Sinovatio: Subsidiary received government subsidies of 11.1727 million yuan
On September 25th, Sinovatio announced that its wholly-owned subsidiary, Saike Technology, received a government subsidy of RMB 11.1727 million on September 24th, which is a government subsidy related to income, accounting for 18.65% of the company's audited net profit for the fiscal year 2024
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