Changshan North Ming (000158): Received Part Of The Land Compensation 300 Million Yuan.
Ge Long Hui June 12th Changshan North Ming (000158.SZ) announced that in June 12, 2020, the company received the Shijiazhuang land reserve center to pay part of the land compensation 300 million yuan. According to the relevant provisions of the acquisition and return contract of state-owned land use right and the Enterprise Accounting Standard No. sixteenth - government subsidy, the company recognised the policy capital as a government subsidy related to assets, first included in the deferred income, and then apportioned the profits in the remaining period of use of the assets of the relocation project corresponding to the amount corresponding to the amount.
The above government subsidies, the company is expected to account for the current profit and loss in 2020, the amount of 30 million yuan, the final accounting treatment of the subsidy funds will be certified by certified public accountants after the annual audit results.
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