AVCON(SZ:300074) Sou Hu Cai Jing·2025-11-26 14:35Core Points - The stock of Huaping Co., Ltd. (300074) closed at 5.21 yuan on November 26, 2025, down 0.95% from the previous trading day, with a total market capitalization of 2.852 billion yuan [1] - The company announced that its subsidiary, Zhengzhou Xinyi Hua Information Technology Co., Ltd., received a government subsidy of 7.44 million yuan on November 25, 2025, which accounts for 10.25% of the audited net profit attributable to shareholders for the fiscal year 2024 [1] - The subsidy is related to revenue and will be recorded as deferred income, impacting future financial results based on project acceptance progress [1] Financial Summary - The stock opened at 5.28 yuan, reached a high of 5.32 yuan, and a low of 5.20 yuan on the same day, with a trading volume of 1.23 billion yuan and a turnover rate of 4.29% [1] - The government subsidy is sourced from the central budget investment project notification and is related to the company's daily operations, but it is not sustainable [1]