Yangzhou Chenhua New Material Subsidiary Huai'an Chenhua has been re-certified as a high-tech enterprise.
Morning Chemical Co., Ltd. (300610.SZ) announced that its fully-owned subsidiary, Huai'an Morning Chemical New Materials Co., Ltd. (referred to as "Huai'an Morning Chemical"), recently received the "High-Tech Enterprise Certificate" jointly issued by the Jiangsu Provincial Department of Science and Technology, Jiangsu Provincial Department of Finance, and State Administration of Taxation Jiangsu Provincial Taxation Bureau (Certificate number: GR202532005929, issuance date: December 19, 2025, valid for three years).
Yangzhou Chenhua New Material (300610.SZ) announced that its wholly-owned subsidiary, Huai'an Chenhua New Material Co., Ltd. (referred to as "Huai'an Chenhua"), recently obtained the "High-Tech Enterprise Certificate" jointly issued by the Jiangsu Provincial Department of Science and Technology, Jiangsu Provincial Department of Finance, and the Jiangsu Provincial Taxation Bureau of the State Administration of Taxation (Certificate Number: GR202532005929, Issuance Date: December 19, 2025, Validity Period: Three years).
This is the reevaluation of the high-tech enterprise certificate of Huai'an Chenhua after the expiration of the original certificate. According to the national tax preferential policies for high-tech enterprises, starting from the date of the high-tech enterprise certification, Huai'an Chenhua will be able to enjoy the preferential tax policy for enterprise income tax for three consecutive years (2025, 2026, and 2027), by paying a corporate income tax at a rate of 15%.
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