Anoky subsidiary gets significant government grant boosting 2025 profit outlook

Shanghai Anoky Group Co., Ltd. announced that its controlled subsidiary, Yantai Anoky Fine Chemical Co., Ltd. (Yantai Fine), recently received a government subsidy of 2.28 million yuan from the Yantai Municipal Bureau of Industry and Information Technology. This amount represents 48.04% of the parent company's net profit attributable to shareholders in the latest audited period. The subsidy is classified as income-related and was received in cash, directly supporting Yantai Fine's ongoing operational activities without being a recurring benefit.

The government grant is expected to boost the company’s total profit for the 2025 fiscal year by 2.28 million yuan. According to "Accounting Standards for Business Enterprises No. 16—Government Grants," this type of subsidy, being income-related, will be recorded under other income.

Investors are advised that this financial projection is unaudited. The final accounting treatment and its impact on the company's financial figures will be subject to confirmation after the annual audit by independent accounting firms, highlighting a potential investment risk.