Citic Heavy Industries Co., Ltd. announced that its subsidiary National Creation Asia Vets Mining Equipment Research Institute (Luoyang) Co., Ltd. has recently passed the high-tech enterprise certification, with certificate number GR202441003375, valid for three years. National Creation Asia Vets primarily focuses on innovation and industrialization work around six technical directions, including green mineral processing technology and intelligent equipment for mining. This certification highlights the company's strength in Technology innovation and core independent intellectual property rights.According to relevant tax policies, National Creation Asia Vets can enjoy tax benefits for high-tech enterprises for three consecutive accounting years starting from the year of certification, paying corporate income tax at a rate of 15%. As of now, a total of eight units...Show More

Citic Heavy Industries Co., Ltd. announced that its subsidiary National Creation Asia Vets Mining Equipment Research Institute (Luoyang) Co., Ltd. has recently passed the high-tech enterprise certification, with certificate number GR202441003375, valid for three years. National Creation Asia Vets primarily focuses on innovation and industrialization work around six technical directions, including green mineral processing technology and intelligent equipment for mining. This certification highlights the company's strength in Technology innovation and core independent intellectual property rights.According to relevant tax policies, National Creation Asia Vets can enjoy tax benefits for high-tech enterprises for three consecutive accounting years starting from the year of certification, paying corporate income tax at a rate of 15%. As of now, a total of eight units within the consolidation scope of Citic Heavy Industries have received high-tech enterprise certification, including Citic Heavy Industries itself and several of its subsidiaries. This not only reflects the significant results of the company's insistence on developing new quality productivity but also helps to continuously enhance the company's core competitiveness and brand influence, positively impacting the company's Operation development.