Asian Metal News
9th September: XTC announced that the company and its holding subsidiaries received a total of RMB 35.7 mln in governmental subsidies related to income from June 19 to September 9, 2020.
Of the total, RMB1.39 mln was electricity price subsidy, RMB 1.7 mln was enterprise listing support funding, RMB11.28 mln was for research and development, RMB11.77 mln was a new material insurance subsidy, and RMB9.58 million was for other income related subsidies.