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A subsidiary of Baota Industry received the subsidies of RMB 4.1562 million

Resource from:  CBCC Likes:154
Mar 17,2016
Baota Industry Co., Ltd. announced on Wednesday that its wholly owned subsidiary------Ningxia Northwest Bearing Rail Bearing Co., Ltd. Received reward fund of RMB 4.1562 million. Baota Industry Co., Ltd. said that this government grant would not be included in the company’s operating income and would increase the company’s current profits.
(CBCC)
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