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  • BAIC BJEV's subsidiary receives RMB154 million government NEV subsidy

    2020-01-21 15:02:56   [Print]
    On the evening of January 20, BAIC BJEV announced that its subsidiary BAIC New Energy Auto Changzhou Co.Asian Metal CopyrightOn the evening of January 20, BAIC BJEV announced that its subsidiary BAIC New Energy Auto Changzhou Co.Asian Metal Copyright, Ltd.Asian Metal Copyright This subsidy will directly offset the company's NEV subsidy receivables, won't affect its current profits and losses, and therefore will help improve its cash flow and lower capital occupation rate.Asian Metal Copyright recently received a government NEV subsidy of RMB154 million (USD22.Asian Metal Copyright This subsidy will directly offset the company's NEV subsidy receivables, won't affect its current profits and losses, and therefore will help improve its cash flow and lower capital occupation rate.Asian Metal Copyright36 million).Asian Metal Copyright This subsidy will directly offset the company's NEV subsidy receivables, won't affect its current profits and losses, and therefore will help improve its cash flow and lower capital occupation rate.Asian Metal Copyright This subsidy will directly offset the company's NEV subsidy receivables, won't affect its current profits and losses, and therefore will help improve its cash flow and lower capital occupation rate.

    .Asian Metal Copyright36 millionAsian Metal Copyright
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