Gelonghui February 1st 丨Xinghua New Materials (301077.SZ) announced that the company recently received the “High-tech Enterprise Certificate” jointly issued by the Zhejiang Science and Technology Department, the Zhejiang Provincial Department of Finance, and the Zhejiang Taxation Bureau of the State Administration of Taxation. Certificate number: GR202233011397. Certification time: December 24, 2022, valid for three years.

According to relevant regulations such as the “Administrative Measures on the Certification of High-tech Enterprises” and the “Corporate Income Tax Law of the People's Republic of China”, after being certified as a high-tech enterprise, the company will enjoy preferential high-tech enterprise income tax policies for three consecutive years, that is, it will pay corporate income tax at a rate of 15%.

The company's recognition as a high-tech enterprise is an affirmation and encouragement for the company to continue to cultivate in technology research and development and independent innovation. At the same time, it also has a positive effect on the company's business development.