Bohai Ferry: received a subsidy of 69.755 million yuan for rural inter-island waterway passenger transport.
Bohai Ferry announced on March 27th that the company has received a notice from the Finance Bureau of Yantai City regarding the allocation of funds for rural passenger transportation subsidies and urban transportation development incentives. The company has been granted a subsidy of 69.755 million yuan for rural inter-island waterway passenger transportation. The above government subsidies and income are related, and will be recognized in the current period when the subsidy documents are received.
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