Linhai Co., Ltd. announced that on November 8, 2024, the company received a subsidy for the agricultural machinery R&D, manufacturing, promotion and application integration pilot project of Beidahuang Agricultural Reclamation Group Co., Ltd., amounting to 1.41 million yuan, accounting for 10.59% of the company's net profit attributable to shareholders of listed companies in 2023. According to the relevant provisions of “Accounting Standard for Enterprises No. 16 - Government Grants”, the above subsidies are government subsidies related to income, and are included as other income in the company's current profit and loss.