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Jiaxin Silk (002404): The Subsidiary Has Received Third Yuan Of Compensation, 20 Million Yuan.
Jiaxin silk (002404.SZ) announced that in February 19, 2020, the wholly-owned subsidiary of the Miao city company received the third phase of the compensation payment of RMB 20 million yuan by the people's Government of Tu Dian Town, Tongxiang City, through the two new construction development Co., Tongxiang Tu Dian. The company will carry out accounting treatment of the above compensation according to the relevant provisions of the enterprise accounting standards, and the effect of specific accounting treatment and relevant financial data shall be determined by the annual audit confirmation of the accounting firm.
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