Zhongke Sanhuan subsidiary receives government subsidies

Beijing Zhongke Sanhuan High-Tech (SZSE:000970) announced that its holding subsidiary, Ningbo Sanhuan Magnetic Sound, has received government subsidies totaling RMB 154.65 million. Classified as income-related, these subsidies represent 12.88% of the parent company's latest audited net profit attributable to shareholders. The funds, already received, will be recognized as other income, boosting the company's expected total profit for 2025 by the same amount. The final accounting treatment will be subject to confirmation by the auditing firm. The company advises investors to exercise caution.