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Weekly Stock Review: ST Dongni (603595) Receives 1.5 Million Yuan Government Subsidy, Expected to Increase Profits
As of the close on April 3, 2026, ST Dongni (603595) closed at 14.38 yuan, down 6.8% from 15.43 yuan last week. This week, ST Dongni’s intraday high on March 31 was 15.7 yuan. On April 3, its intraday low was 14.37 yuan, with the stock price touching its lowest point in about one year. ST Dongni’s current latest total market value is 3.34B yuan. It ranks 77/90 in the consumer electronics sector by market value and 4266/5193 among A-shares across both markets.
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Huzhou Dongni New Energy Co., Ltd., a controlling subsidiary of Zhejiang Dongni Electronic Co., Ltd., received a government grant related to income of 1.50 million yuan on March 30, 2026. This amount accounts for 13.02% of the net profit attributable to shareholders of the listed company for 2024 as audited. In accordance with the relevant provisions of “Accounting Standards for Business Enterprises No. 16—Government Grants,” the company recognized this grant as other income, and expects it to increase the company’s total profit for 2026 by 1.50 million yuan. The final accounting treatment and the impact on profit or loss for the current period shall be subject to the results confirmed by the annual audit conducted by the audit institution.
The above content has been compiled by Securities Star from publicly available information and generated by an AI algorithm (registration number 310104345710301240019). It does not constitute investment advice.