Jilin Forest Industry receives RMB 5.06m subsidy

Jilin Forest Industry announced today it has received a government subsidy totaling RMB 5.06 million. According to the announcement, the funds stem from a central government program designated for forest and grassland ecological protection and restoration, as outlined in document (吉财资环指(2025)26号) issued by the Jilin Provincial Department of Finance. The subsidy, received on March 18, 2025, is classified as related to income and will be used to offset related borrowing costs. The company will incorporate the subsidy into its 2024 financial statements; the final accounting treatment remains subject to auditor confirmation. This subsidy amounts to -11.07% of the company's most recent audited net profit.