Core Points - The company and its subsidiaries received a total of 5.6877 million yuan in government subsidies from July 1, 2025, to September 30, 2025, which accounts for 4.84% of the company's audited net profit attributable to shareholders for the most recent fiscal year [1] Summary by Category - **Government Subsidies**: The total amount of government subsidies received includes urban public transport operation subsidies, new energy bus operation subsidies, and student special bus subsidies [1] - **Financial Impact**: All subsidies are related to revenue and are recognized as other income, with the final accounting treatment and impact on the company's 2025 financial results subject to the audit by the accounting firm [1]

Core Viewpoint - *ST Zhongji (000972.SZ) announced that its wholly-owned subsidiary, Xinjiang Zhongji Red Tomato Industry Co., Ltd. (referred to as "Red Tomato"), has recently received a government subsidy in cash amounting to 116 million yuan, which is related to the daily operations of Red Tomato and classified as a revenue-related government subsidy [1] Summary by Categories Government Subsidy - The government subsidy received by Red Tomato amounts to 116 million yuan [1] - This subsidy represents 50.44% of the absolute value of the audited net profit attributable to the shareholders of the listed company for the year 2024 [1] - The subsidy is expected to be recognized in the profit and loss statement for the year 2025, positively impacting the profits of both Red Tomato and the company in 2025 [1]

2025年10月11日，中自科技股份有限公司收到政府补助合计991.29万元，为与收益相关的政府补助，占 公司最近一个会计年度经审计归属于上市公司股东的净利润绝对值的比例为37.82%。补助由四川省经 济和信息化厅提供，系2025年智改数转资金，以现金形式发放。根据相关会计准则，该补助预计将对公 司利润产生一定积极影响，但具体会计处理及对损益的影响，仍以审计机构年度审计确认结果为准，公 司提醒投资者注意投资风险。 ...

（记者 曾健辉） 每经AI快讯，科德数控10月12日晚间发布公告称，科德数控股份有限公司及全资子公司宁夏科德数控 科技有限公司于近日收到项目补助资金共计人民币5682.6万元，其中部分项目为公司牵头的项目，后续 公司需对项目的参研单位拨付部分补助款项。 每经头条（nbdtoutiao）——万亿美元"世纪豪赌"！英伟达、OpenAI等巨头集体出手！循环融资靠谱 吗？专家：AI泡沫规模已是2008年全球房地产泡沫的4倍 ...

Group 1 - The company’s wholly-owned subsidiary, Jinko Xinhe (Tangshan) Wastewater Reuse Co., Ltd., received a total government subsidy of RMB 50 million for the "Wastewater Resource Utilization Project in Nankou Economic Development Zone, Tangshan" [1] - In March 2025, the subsidiary received an initial subsidy of RMB 10 million, followed by the remaining RMB 40 million, with all funds now fully received [1] - The government subsidy is classified as an asset-related government grant according to the relevant accounting standards [2] Group 2 - The accounting treatment of the government subsidy will be conducted in accordance with the "Accounting Standard for Enterprises No. 16 - Government Grants," and the final impact on the company's financial results will be confirmed by the annual audit [2]

Core Points - Jinko Environment (688466.SH) announced the receipt of a government subsidy of RMB 40 million from the Finance Bureau of Tangshan Nanpu Economic Development Zone [1] - As of the date of the announcement, the company has received all of the aforementioned government subsidy funds [1] - The subsidy is categorized as an asset-related government grant [1]

Group 1 - The company received a government subsidy of 1.3753 million yuan, which accounts for 16.84% of the net profit attributable to shareholders for the most recent audited fiscal year [1] - The type of subsidy is related to revenue, and it is expected to have a positive impact on the company's operating performance for the fiscal year 2025 [1] - The specific accounting treatment and impact on the company's profit and loss will be confirmed by the annual audit results [1]

Core Insights - Government subsidies are non-repayable financial aids provided to companies, which can be monetary or non-monetary assets, aimed at supporting development, technological upgrades, or addressing specific operational challenges [1][2] - Understanding the nature and accounting treatment of government subsidies is crucial for accurately assessing a company's true profitability and ongoing viability [1] Summary by Categories Nature of Government Subsidies - Government subsidies are classified into two main categories: asset-related subsidies and income-related subsidies [1] - Asset-related subsidies are funds used for acquiring or constructing long-term assets, such as new factories or environmental equipment, and are amortized over time rather than recognized as immediate profit [1] - Income-related subsidies are provided to compensate for incurred or anticipated expenses or losses, such as wage subsidies or operational support during crises, and are directly included in current profits [1] Impact on Profitability - The recognition of income-related subsidies can significantly boost current profits, but reliance on such subsidies may indicate weak core business profitability [1][2] - When analyzing a company's earnings quality, it is essential to exclude the impact of non-recurring government subsidies and focus on net profit after removing these non-recurring gains [2] Long-term Considerations - Companies should aim for growth through their operational capabilities rather than depending on external financial support [2] - A rational perspective on government subsidies can help investors better identify a company's intrinsic value [2]

Core Points - Dongfeng Motor Corporation (600006.SH) announced that it received government subsidies related to revenue amounting to 58 million yuan, which represents 198.89% of the company's audited net profit attributable to shareholders for the fiscal year 2024 [1] Summary by Category - **Government Subsidies**: The company received a significant government subsidy of 58 million yuan [1] - **Financial Impact**: This subsidy accounts for nearly double the company's projected net profit for 2024, indicating a substantial financial boost [1]

Core Viewpoint - Hunan Qilin Xinan Technology Co., Ltd. and its subsidiary received a total of 15.7096 million yuan in government subsidies, which are related to revenue [1] Group 1 - The government subsidies received are classified as revenue-related according to the relevant accounting standards [1] - The subsidies have not been audited, and the specific accounting treatment and impact on the company's 2025 financial results will be confirmed by the annual audit [1] - The company has reminded investors to be aware of investment risks associated with these subsidies [1]