Hubei Three Gorges Tourism Group (002627.SZ) issued an announcement that, previously, the company’s holding subsidiary, Yichang Transportation Changjiang Cruise Co., Ltd...
According to Zhitong Finance APP, Hubei Three Gorges Tourism Group (002627.SZ) announced that previously, the company’s holding subsidiary Yichang Transportation Changjiang Cruise Co., Ltd. (referred to as "Changjiang Cruise Company") received the notice from the Yichang Municipal Development and Reform Commission on forwarding the list of equipment update projects in the cultural and tourism field for 2024 (Yifa Reform Investment [2024] No. 156). The "Interprovincial Resort Cruise Tourism Project" of Changjiang Cruise Company has been included in the list of equipment update projects in the cultural and tourism field for Yichang City in 2024, and it is expected to receive a special national bond fund subsidy of 47.26 million yuan. Changjiang Cruise Company has received a special fund of 17.7225 million yuan allocated by the Yichang Finance Bureau on October 21, 2024.
On December 18, 2024, Changjiang Cruise Company received the transfer of special national bond fund finances amounting to 29.5375 million yuan from the Yichang City ultra-long-term special national bond fund account. As of the date of the announcement, all of the aforementioned ultra-long-term special national bond funds have been received. The government subsidy related to assets of 29.5375 million yuan received has been recognized as deferred income.