It is reported that Zhefu shares announced on the evening of December 28, 2012 that its holding subsidiary Zhejiang Linhai Zhefu Motor Co., Ltd. (64.09%) received the Zhejiang Development and Reform Commission and the Zhejiang Economic and Information Commission. Forwarded the “Reply Letter of the Office of the National Development and Reform Commission, the Office of the Ministry of Industry and Information Technology on the Industrial Revitalization and Technical Renovation of the 2012 Central Budget Investment Project†(Development and Reform Office Industry [2012] No. 1642), according to the notice Content, Linhai Electric's “Advanced Engineering Marine Special Submersible Motor Technology Upgrade†project has been included in the 2012 central budget investment project for industrial revitalization and technological transformation, and received 7.7 million yuan of government subsidy funds. All the above funds have been put in place. .
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