Bohui Paper's subsidiary, Jiangsu Bohui, receives CNY 27.4m subsidy

Shandong Bohui Paper Industrial (SSE:600966) announced that its subsidiary, Jiangsu Bohui Paper Industrial, has received a government subsidy of CNY 27.4 million. According to the announcement, the subsidy is classified as related to income and will be recognized in current profits and losses, potentially impacting the company's 2025 fiscal year results. The subsidy represents approximately 15.07% of the company's audited net profit for 2023. The company cautioned investors that the final impact on 2025 earnings is subject to the annual audit by the accounting firm.