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Guangdong Ganhua receive 10 million yuan subsidy

Guangdong Ganhua Sunday evening announcement said, according to the relevant stipulations of the former controlling shareholder of the company Jiangmen City Asset Management Agency and the controlling shareholder of Delixi Group Limited company signed in March 12, 2011, in September 2nd the company received the Jiangmen municipal SASAC paid financial support funds 10 million yuan whole.

The company said the receipt of funds is SASAC implement employee shunt grants to the company, according to the provisions of accounting standards, the company said government grants are recognized as operating income included in the 2015 annual statement.

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