*ST松发：下属公司获得政府补助共计2700万元

Group 1 - The core point of the article is that *ST Songfa announced a government subsidy of 27 million RMB related to assets received by its subsidiary, Hengli Shipbuilding, on November 25, 2025 [1] - For the year 2024, *ST Songfa's revenue composition is as follows: ceramics industry accounts for 99.89%, hotel supplies account for 0.08%, and catering accounts for 0.04% [1] - As of the report date, *ST Songfa has a market capitalization of 67.6 billion RMB [1]