Wanyi Technology received 2.11M yuan in government subsidies related to revenue.

MaticHoleFiller · 2026-04-04T17:15:48+00:00

Government Subsidy OverviewAnhui Wanyi Technology Co., Ltd. (Stock Code: 688600, Stock Abbreviation: Wanyi Technology) recently announced that the company received government subsidy funds related to revenue amounting to RMB 2,109,625.48, or 2.1096 million yuan.Type of Subsidy and Accounting TreatmentAccording to the "Enterprise Accounting Standards No. 16 - Government Subsidies," the company confirms that the above government subsidy is a revenue-related subsidy. The announcement also states that the above subsidy has not been audited, and the specific accounting treatment and its impact on the company's profit and loss for 2026 and subsequent years will be subject to the final results confirmed by the annual audit of the auditing agency.Professional Analysis and JudgmentThe RMB 2.1096 million government subsidy received by Wanyi Technology this time is a revenue-related fund. Such subsidies are usually used to compensate enterprises for expenses already incurred.

MaticHoleFiller

2026-04-04 17:15:48

Basic Information on Government Subsidies

Anhui Wanyi Technology Co., Ltd. (Security Code: 688600, Stock Abbreviation: Wanyi Technology) recently issued an announcement stating that the company received government subsidy funds of RMB 2,109,625.48 yuan related to income, which is 2.11M yuan.

Subsidy Type and Accounting Treatment

Pursuant to the relevant provisions of “Enterprise Accounting Standards No. 16—Government Subsidies,” the company has recognized the above-mentioned government subsidies as a subsidy type related to income. The announcement also states that the above government subsidies have not been audited. The specific accounting treatment and the impact on the company’s profit and loss for 2026 and subsequent years will ultimately be subject to the results confirmed by the audit institution upon its annual audit.

Professional Analysis and Judgment

The 2.11M yuan government subsidy obtained by Wanyi Technology this time falls under funds related to income. Such subsidies are typically used to compensate enterprises for relevant costs and expenses or losses already incurred. Since the announcement does not disclose key financial data for 2026, such as the company’s net profit and operating revenue, it is not possible to accurately calculate the proportion of this government subsidy relative to indicators such as net profit and operating revenue. The specific extent of its impact on the company’s current-period profit and loss needs further confirmation by the audit institution. Investors should pay attention to the specific accounting treatment of this government subsidy and its actual impact on performance in the company’s subsequent periodic reports.

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