Global Trade Alert
Global Trade Alert

China: Government subsidies for listed company Xinfengming Group Co.,Ltd in year 2023

Announcement

01 Jan 2023

In 2023, the Chinese listed company Xinfengming Group Co.,Ltd announced it had received USD 20 million of government subsidies.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

01 Jan 2023

Revocation date:

No revocation date

Financial grant In force

In 2023, the Shanghai-listed firm Xinfengming Group Co.,Ltd (also known as XFMGROUP) disclosed in its stock exchange filings the receipt of approximately USD 20 million of government subsidies.Xinfeng...

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