On November 26, Glonghui reported that shanghai hi-road food technology (300915.SZ) announced that it recently received a government subsidy of 48.5 million yuan from the Development and Reform Commission of Fengxian District, shanghai, for the company's fundraising project, the future food asia vets factory, which accounts for 3.22% of the company's most recent audited net assets. The government subsidy received is expected to increase the company's deferred revenue by 48.5 million yuan, which will be allocated evenly over the remaining useful life of the relevant assets and recognized as other income in future periods.