JAC Group Receives Nearly 20 Million Yuan in Government Subsidies

MT Newswires Live10-01

Anhui Jianghuai Automobile Group (SHA:600418) or JAC Group and its subsidiaries received 19.9 million yuan of government subsidies as of the end of September.

The subsidies are expected to positively impact the carmaker's profit, according to a Tuesday filing with the Shanghai Stock Exchange.

Price (RMB): Â¥25.08, Change: Â¥+2.3, Percent Change: +10.00%

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