春兴精工：全资子公司收到政府补助

Core Points - Company announced that its wholly-owned subsidiary, Jinzhai Chunxing Precision Engineering Co., Ltd., received a notice from the Anhui Jinzhai Economic Development Zone Finance Bureau stating that a loan of 40 million yuan for employee layoff subsidies has been approved to be converted into a subsidy [2] - The 40 million yuan subsidy represents 20.10% of the company's audited net profit for the most recent fiscal year [2]