Foton Huairou Special Vehicle Base Gets 150 million RMB Subsidy

www.chinaspv.com: BAIC Foton released their subsidities from the government on April 25.

BAIC Foton Huairou special vehicle production base got 150 million RMB subsidities from government and the fund has be included into the account.


Foton Motor has received as much as 28.57 million Yuan government subsidities since this year and they will deal with the subsidities according to related accounting rules. And the fund is subject to the accountant's annual audit at the end of this year.

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