On June 21, some investors asked the reclaimed Water Fisheries (000798.SZ): may I ask the government subsidy received by the company in 2022 and the reasons for the change compared with the previous year?

Reclaimed water fishery reply: in 2022, the company actually received 87.84 million yuan in various government subsidies, which were recognized as 93.12 million yuan in other income (including the current amortization amount of assets related to assets included in deferred income in previous years). In 2021, 120.06 million yuan of various government subsidies were received, which were recognized as 97.58 million yuan of other income (including the current amortization amount of assets-related government subsidies included in deferred income in previous years). The amount of government subsidies actually received decreased by 32.22 million yuan, or 26.8%. The amount recognized as other income does not change much.

The government subsidy received by our company each year is related to the number of working days of ships in that year and the number of ships overhauled and scrapped and renewed. In addition, the standard of government subsidies varies from year to year, which leads to a decrease in government subsidies received in 2022 compared with the same period last year.