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Hongbaoli: Subsidiary received 34.88 million yuan in incentive funds for transformation and upgrading

 Last Update: 2022-08-29
 Source: Internet
 Author: User

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Hongbaoli announced that Hongbaoli Group Taixing Chemical Co.
, Ltd.
(referred to as "Taixing Chemical Company") is a wholly-owned subsidiary of the company.
Taixing Chemical Co.
, Ltd.
received the "Regarding Grant to Hongbaoli Group Taixing Chemical Co.
, Ltd.
" from the Taixing Economic Development Zone Management Committee Decision on Incentive Funds for the Company's Transformation and Upgrading", in order to further promote industrial transformation and upgrading, encourage enterprises to become bigger and stronger, improve quality and efficiency, Taixing Economic Development Zone decided to grant Taixing Chemical Company 34.
88 million yuan in incentive funds

Hongbaoli’s 2021 interim report shows that the company’s main income is 1.
737 billion yuan, a year-on-year increase of 79.
22%; the net profit attributable to the parent is 31.
9279 million yuan, a year-on-year decrease of 38.
39%; the deducted non-net profit is 24.
4805 million yuan, a year-on-year decrease of 50.
1%; the debt ratio is 65.
41 %, the investment income is 13,200 yuan, the financial cost is 48,738,500 yuan, and the gross profit rate is 14.
03%

The chairman of the company is Rui Jinggong

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