The Lucky Bird Receives 18 Million 30 Thousand Yuan From The Government Subsidy, Accounting For 34.794% Of The Net Profit In The Past Year.

In May 27th, the Cmi Holdings Ltd announced that it received a government subsidy of 18 million 30 thousand yuan, accounting for 34.794% of the net profit attributable to the parent company in the latest year.

According to the report, the companies that receive the subsidy are the birds of the wedding and the birds of the wedding bird, including the Anhui bird bird Clothing Co., Ltd., Zhejiang Phoenix Shang Pin Trading Co., Ltd., Shanghai Di Rui Textile Technology Co., Ltd., Shanghai Kami dress Co., Ltd., Shanghai Ou Jue garments Co., Ltd., Shanghai lofei dress Co., Ltd., Jimmy dress (Shanghai) Co., Ltd., Shanghai MEG Clothing Co., Ltd., and Shanghai clothing Limited company.

It is reported that the reasons for the subsidy include the support fund for economic development in Changning District in 2018, the refund of tax rebates in 2018, the subsidy for returning trade in 2017, and the funding for key team training.

According to the announcement, the above government subsidy is expected to affect the total profit of the company in the year 2019 to 18 million 30 thousand yuan, which is included in the "other income" subjects.