Global Trade Alert
Global Trade Alert

China: Government subsidy changes for listed company Hengli Petrochemical Co.,Ltd. in year 2020

Announcement

01 Jan 2020

In 2020, the Chinese listed company Hengli Petrochemical Co.,Ltd. announced it had received USD 136 million of government subsidies.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

01 Jan 2020

Revocation date:

No revocation date

Financial grant In force

In 2020, the Shanghai-listed firm Hengli Petrochemical Co.,Ltd. (also known as HLGF) disclosed in its stock exchange filings the receipt of approximately USD 136 million of government subsidies.Hengli...

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