香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責,對其準確性或 完整性亦不發表任何聲明,並明確表示概不就因本公告全部或任何部份內容而產生或因倚賴該等 內容而引致的任何損失承擔任何責任。
(在中華人民共和國註冊成立之股份有限公司)
(股票代號:00323)
ANNOUNCEMENT IN RELATION TO GOVERNMENT
GRANTS RECEIVED IN 2017
This announcement is made pursuant to Rule 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.
I. Information about Government Grants Received
From 1 January 2017 to 31 December 2017, Maanshan Iron & Steel Company Limited (the "Company") and the subsidiaries controlled by the Company received government grants related to income amounting to RMB350.5521 million in total. Details are as follows (unit: RMB'0000):
Item | Items of government grant | Amount | Issuing body |
1 | Refund of port charge from the Port Transportation Administration Bureau | 586.92 | Maanshan Port Transportation Administration Bureau |
2 | Subsidy for overseas market development and import | 609.90 | Maanshan Commerce Bureau |
3 | Severance pay for capacity reduction | 17,064.54 | Subsidy for capacity reduction projects |
4 | Subsidy for fulfillment of industrial policy | 538.95 | Maanshan Finance Bureau |
5 | Environmental protection subsidy | 457.05 | Maanshan Environmental Protection Bureau |
6 | Financial subsidy for transformation and development in 2017 | 8,462.00 | Maanshan Finance Bureau |
7 | Subsidy for foreign trade policy | 224.70 | Maanshan Commerce Bureau |
8 | Subsidy for science projects | 498.66 | Maanshan Finance Bureau |
9 | Financial subsidy for national industrial transformation in 2017 | 221.00 | Maanshan Finance Bureau |
10 | Subsidy for export guarantee | 193.44 | Maanshan Finance Bureau |
11 | Government support fund | 5,233.52 | Maanshan Finance Bureau |
12 | Various tax refunds/subsidies | 638.36 | Maanshan Finance Bureau |
13 | Other projects | 326.17 | - |
Total | 35,055.21 | ||
II. Types of Subsidies and Their Impact on the Listed Company
Pursuant to relevant requirements under China Accounting Standard No. 16 - Government Grants, the above subsidies are included in the profit or loss for the current period in 2017. The final accounting treatment and the impact on the operating results of the Company for 2017 will be subject to the 2017 annual report of the Company to be audited by the certified public accountant.
The Board
Maanshan Iron & Steel Company Limited
29 January 2018
Maanshan City, Anhui Province, the PRC
As at the date of this announcement, the directors of the Company include: Executive Directors: Ding Yi, Qian Haifan, Zhang Wenyang Non-executive Directors: Ren Tianbao
Independent Non-executive Directors: Zhang Chunxia, Zhu Shaofang, Wang Xianzhu
Maanshan Iron & Steel Company Limited published this content on 29 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 29 January 2018 13:34:04 UTC.
Original documenthttp://www.magang.com.hk/download/announcement/1573/eng/E_323_government grants.pdf
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