Global Trade Alert
Global Trade Alert

China: Government subsidies for listed company Loncin Motor Co., Ltd. in year 2024

Announcement

01 Jan 2024

In 2024, the Chinese listed company Loncin Motor Co., Ltd. announced it had received USD 16 million of government subsidies.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Jan 2024

Revocation date:

No revocation date

Updated: 22 Jul 2025
Financial grant In force
In 2024, the Shanghai-listed firm Loncin Motor Co., Ltd. (also known as LONCIN) disclosed in its stock exchange filings the receipt of approximately USD 16 million of government subsidies.Loncin Motor...
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