CITIC (00267) announced that its subsidiary, CITIC Offshore Helicopter's (000099.SZ) controlled entity, Haizhi General Aviation Co., Ltd., received a special subsidy for general aviation development on April 10. The subsidy amounts to 36.44 million yuan. This represents 11.81% of the company's audited net profit for the most recent fiscal year. The government subsidy is related to the company's ordinary business activities but is not considered sustainable.
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