Gelonghui October 31st | Hailuo New Materials (000619.SZ) announced that, according to the investment agreement signed by Anhui Hailuo Environmental Technology Co., Ltd., a holding subsidiary of the company, and the Management Committee of Wuhu Economic and Technological Development Zone, Anhui Hailuo Environmental Technology Co., Ltd., a holding subsidiary of Anhui Hailuo Resource Comprehensive Utilization Technology Co., Ltd., received a subsidy of 1 million yuan from the Finance Bureau of Wuhu Economic and Technological Development Zone. This government grant is related to the company's daily operation activities and is not sustainable.