Mlily: Subsidiary receives government subsidy of approximately 4.6152 million yuan

date
01/11/2026
Mengbai announced that its subsidiary received government subsidy funds related to income of USD 687,424.00, which, calculated at the central parity rate of the USD to RMB exchange rate on October 30, 2026, is equivalent to approximately RMB 4.6152 million, accounting for 46.99% of the absolute value of the audited net profit attributable to shareholders of the listed company in the company's most recent fiscal year. The estimated impact of this subsidy on the company's current profit or loss is approximately RMB 4.6152 million. The specific accounting treatment and its impact on the company's profit or loss shall be subject to the results confirmed by the auditor's annual audit.