Dongfeng Automobile receives significant government subsidy
Dongfeng Automobile Company Limited reported on October 1, 2025, that it received a government subsidy of RMB 58 million on September 30, 2025. This amount represents a substantial 198.89% of the company's net profit attributable to shareholders of listed companies for the 2024 audited fiscal year.
The subsidy is classified as income-related and is linked to the company's ordinary operating activities, although it is not considered sustainable. In accordance with "Enterprise Accounting Standard No. 16 - Government Subsidies," this funding will be recognized as an income-related government subsidy.
The company anticipates this subsidy will have a positive impact on its 2025 annual profit. Investors are advised that the final accounting treatment and the precise effect on the company's profit and loss for the current year will be determined based on the annual audit confirmation by an auditing institution. Investors are encouraged to consider the inherent investment risks.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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