Yuneng Holdings: the subsidiary received a government subsidy of 140 million yuan
Yuneng holdings announced that on January 30, 2022, Henan coal trading center, a subsidiary of the company, received the notice of Henan Provincial Department of Finance on Issuing the budget of coal emergency reserve subsidy funds for this winter and next spring. With the approval of the provincial government, it is now allocating the coal emergency reserve subsidy funds for this winter and next spring, of which 140 million yuan is allocated to Henan coal trading center. The above subsidy funds accounted for 48.03% of the audited net profit attributable to the shareholders of the listed company in 2020.
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