Dongfeng New-energy Bus Project Gets Subsidy of 32 Million Yuan

www.chinaspv.com: On Oct. 11th of 2013, Dongfeng announced that its New-energy Bus Project got the subsidy of 32 million Yuan offered by Xiangyang Department of Finance in the Oct. 9th.

According to the implement plan of this project, machine and battery joint companies would take 20% of the subsidy, leaving the rest to the part of other account payable as what is written in the New-energy Vehicle Industry Technology Innovation Project Checking Management Rules and Enterprise Accounting Standard released by Ministry of Finance, Ministry of Industry and Technology and Ministry of Science and Technology.

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