Core Viewpoint - Zhangzhou Development (SZ 000753) announced a government subsidy of 35 million yuan per year from 2025 to 2027, aimed at technology innovation and industrial empowerment [1] Group 1: Government Subsidy - The company will receive a total of 105 million yuan in subsidies over three years, specifically for technology innovation and industrial empowerment [1] - The timing of the subsidy receipt is currently uncertain, and the final accounting treatment will depend on the annual audit results [1] Group 2: Revenue Composition - For the first half of 2025, the revenue composition of Zhangzhou Development is as follows: water resource development accounts for 36.63%, new energy for 26.61%, fuel vehicle sales for 21.5%, smart technology for 8.36%, and other industries for 6.9% [1] Group 3: Market Capitalization - As of the report date, the market capitalization of Zhangzhou Development is 8.7 billion yuan [1]
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