Fengyuan Chemical receives governmental subsidy of RMB1.56 million
2020-11-13 11:53:11 [Print]
Fengyuan Chemical announced on November 12th that it received governmental subsidy of RMB1.56 million (USD235,838) from Department of Science & Technology of Shandong Province recently.
In accordance with the Notice of Department of Science & Technology of Shandong Province on Issuing Key R&D Plans (Major Technological Innovation Projects and Carryover Projects) and its supporting implementation documents, the Lithium-Ion Battery Ternary Cathode Material R&D and Industrialization Project undertaken by Fengyuan Chemical has been selected as 2019 Shandong Province Key R&D Plan Major Technological Innovation Project (Department-City Joint Project). The company can totally get the governmental subsidy of RMB10 million (USD1.51 million) by this project and already received RMB4 million (USD604,714) in the previous period.
In accordance with the Notice of Department of Science & Technology of Shandong Province on Issuing Key R&D Plans (Major Technological Innovation Projects and Carryover Projects) and its supporting implementation documents, the Lithium-Ion Battery Ternary Cathode Material R&D and Industrialization Project undertaken by Fengyuan Chemical has been selected as 2019 Shandong Province Key R&D Plan Major Technological Innovation Project (Department-City Joint Project). The company can totally get the governmental subsidy of RMB10 million (USD1.51 million) by this project and already received RMB4 million (USD604,714) in the previous period.
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