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May 24, 2018
Abstract : Dongfeng Automobile Co.,Ltd., the listed arm of Dongfeng Motor Corporation, announced that it had received a total of 270.38 million yuan of national subsidies on May 22, 2018 for the promotion and application of new energy vehicles (NEVs) in 2016.
BEIJING, May 24 (Xinhua) -- Dongfeng Automobile Co., Ltd., the listed arm of Dongfeng Motor Corporation, announced that it had received a total of 270.38 million yuan of national subsidies on May 22, 2018 for the promotion and application of new energy vehicles (NEVs) in 2016.
This will be used for direct write-down of accounts receivable and will have a positive impact on the company's cash flow, it said. (Edited by Niu Huizhe, niuhuizhe@xinhua.org)
Keyword: Dongfeng-Automobile Dongfeng-Motor China-brand
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