Lizhong Sitong Light Alloys Group (300428.SZ) has received a total of 61.28 million yuan in government subsidies.

Lizhong Sitong Light Alloys Group (300428.SZ) announced that the total government subsidies received by the company and its subsidiaries from August 7, 2024 to December 24, 2024 amounted to 61.2835 million yuan, of which 55.7089 million yuan had been actually received in the form of monetary funds, and 557.46 million yuan had not yet been received. The above-mentioned government subsidies are expected to increase the company's total profit for the year 2024 by 53.7058 million yuan, with a non-recurring gain of 48.268 million yuan.