Group 1 - The core viewpoint of the articles highlights the continuous optimization of the corporate income tax policy regarding R&D expense deductions in China, particularly emphasizing the increase in deduction rates to stimulate innovation [1][2] - In 2023, the R&D expense deduction rate was unified to 100%, with specific sectors like integrated circuits and industrial mother machines receiving a further increase to 120%, providing strong support for technological innovation [1] - Guangdong province leads the nation in the number of companies benefiting from the R&D expense deduction policy, with approximately 91,000 companies enjoying tax benefits amounting to over 680 billion yuan, accounting for about one-fifth of the national total [1] Group 2 - The R&D expense deduction policy has significantly reduced the financial burden on companies, alleviating funding pressures and leading to an estimated tax reduction exceeding 100 billion yuan, which lowers the actual costs of R&D activities [1] - High-tech enterprises in Guangdong province have greatly benefited from the R&D expense deduction, with over 80% of the total tax benefits going to this group, supporting their growth and enhancing core competitiveness [2] - In 2024, approximately 25,000 high-tech enterprises are expected to be recognized in Guangdong, with a total of 77,000 existing high-tech firms, maintaining the province's leading position nationally for nine consecutive years [2]

INDIANAPOLIS, June 06, 2025 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (Nasdaq: HURC) today reported results for the second fiscal quarter ended April 30, 2025. Hurco recorded a net loss of $4,063,000, or $0.62 per diluted share, for the second quarter of fiscal year 2025, which included a non-cash tax valuation allowance of $1,270,000 recorded in provision for income taxes. This net loss of $4,063,000 for the second quarter of fiscal 2025 compared to a net loss of $3,922,000, or $0.61 per diluted share, for ...

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