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Ltd. and its subsidiaries received government subsidies totaling RMB 24,386,500 from January 1, 2021 to the disclosure date of this announcement. The government grants related to revenue totaled RMB18,734,500, accounting for 10.82% of the audited net profit attributable to shareholders of the listed company in the recent fiscal year.
According to the 2020 annual report, the main business of Yongmaotai is aluminum alloy business and auto parts business, accounting for 73.33% and 24.72% of the revenue respectively.
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