Qianli Technology receives government subsidies

Chongqing Qianli Technology Co., Ltd. [SSE:601777] announced that it has received government subsidies totaling CNY 16.159 million on June 30, 2025. The subsidies, related to income, represent 403.80% of the company's most recent audited net profit. The company noted that the subsidies will be recognized as other income in the financial statements. The ultimate impact on the company's 2025 financial results will depend on the auditor's final confirmation. The company has advised investors to be cautious.