Global Trade Alert
Global Trade Alert

China: Government subsidies for listed company Shenzhen Kaifa Technology Co., Ltd. in year 2021

Announcement

01 Jan 2021

In 2021, the Chinese listed company Shenzhen Kaifa Technology Co., Ltd. announced it had received USD 31 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 2021

Revocation date:

No revocation date

Financial grant In force

In 2021, the Shenzhen-listed firm Shenzhen Kaifa Technology Co., Ltd. (also known as KAIFA) disclosed in its stock exchange filings the receipt of approximately USD 31 million of government subsidies....

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