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Hongli subsidiary for government subsidies million

Hongli Newell week (31) announcement that the company owned subsidiary of Jiangxi honglitronic company recently received by the Nanchang Airport Economic Zone Management Committee to Jiangxi Hongli staff housing subsidies 10 million yuan. Not included in the company's profit and loss, the company has no impact on net profit in 2016, according to the actual situation of the Future Ltd allocated to employees as resettlement subsidies.

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