---
title: "SONGFA: Subsidiary received government subsidy of 60 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/262581330.md"
description: "SONGFA announced that its subsidiary Hengli Shipbuilding Co., Ltd. received government subsidy funds of 60 million yuan related to assets on October 24, 2025. According to relevant regulations, the subsidy is recognized as deferred income, and the specific accounting treatment and its impact on the company's profit and loss and assets for the year 2025 will be subject to the annual audit confirmation results of the auditing agency"
datetime: "2025-10-24T09:10:32.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/262581330.md)
  - [en](https://longbridge.com/en/news/262581330.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/262581330.md)
---

# SONGFA: Subsidiary received government subsidy of 60 million yuan

SONGFA Co., Ltd. announced that its subsidiary Hengli Shipbuilding Co., Ltd. received government subsidy funds of 60 million yuan related to assets on October 24, 2025. According to relevant regulations, the subsidy is recognized as deferred income, and the specific accounting treatment and its impact on the company's profit and loss and assets for the year 2025 will be subject to the annual audit confirmation results of the auditing agency

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