HUITIAN THERMAL POWER(SZ:000692) Ge Long Hui·2025-12-24 12:13Core Viewpoint - The company, Huitian Thermal Power (000692.SZ), has received a total government subsidy of CNY 249,983,000 to support its heating operations and high-quality development, which significantly impacts its financial performance for the fiscal year 2024 [1] Group 1: Government Subsidy Details - The subsidy includes CNY 220,480,000 for heating area support and CNY 29,503,000 for gas fee support distributed among various subsidiaries [1] - The specific allocations for gas fee support are CNY 1,320,000 for Huitian Thermal Power, CNY 20,141,600 for Shenyang Huitian Qipanshan Heating Co., CNY 2,566,600 for Shenyang Second Thermal Heating Co., and CNY 5,474,800 for Shenyang Huitian Environmental Heating Co. [1] Group 2: Financial Impact - The total subsidy received represents 75.69% of the absolute value of the company's latest audited net profit for the fiscal year 2024, which is reported at -CNY 330,283,902.08 [1] - The subsidy is provided in cash and is related to the company's daily operations and revenue, although it is noted that this form of support lacks sustainability [1]