---
title: "MFSP received a government subsidy of 11.2 million, expected to impact annual profits"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/255734922.md"
description: "MFSP Co., Ltd. received a government subsidy of 11.2 million yuan, which includes 10.08 million yuan from the central air pollution prevention fund and 1.12 million yuan from county-level matching funds. This subsidy accounts for 15.56% of the company's audited net profit for the most recent fiscal year and is expected to have a positive impact on profits for the year 2025, although the specific impact will need to be confirmed by an audit. The company reminds investors to pay attention to investment risks"
datetime: "2025-09-03T07:54:21.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/255734922.md)
  - [en](https://longbridge.com/en/news/255734922.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/255734922.md)
---

> 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/255734922.md) | [English](https://longbridge.com/en/news/255734922.md)


# MFSP received a government subsidy of 11.2 million, expected to impact annual profits

On September 3, 2025, Minfeng Special Paper Co., Ltd. received a central air pollution prevention fund of 10.08 million yuan and matching county-level funds of 1.12 million yuan from the Haiyan Branch of the Jiaxing Ecological Environment Bureau, totaling 11.2 million yuan. This subsidy amount accounts for 15.56% of the company's audited net profit for the most recent fiscal year and is classified as a government subsidy related to income. According to relevant accounting standards, this subsidy will be recorded in the accounting items related to income. It is expected that this subsidy will have a certain positive impact on the company's profits for the year 2025, but the specific accounting treatment and its impact on the annual profit and loss will be subject to the confirmation results of the annual audit by the auditing agency. The company reminds investors to pay attention to investment risks

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