The measures strengthening the incentives for manufacturing enterprises stipulated in the "Zhongshan's Nine Policies For Enterprises 2022" are being implemented. A total of 347 manufacturing enterprises in Zhongshan will be rewarded, and the list is currently being released.
According to the policies, manufacturing enterprises above designated size (excluding state-owned and state-holding enterprises) whose total industrial output value increased by 10% or more year-on-year in the first quarter of 2022 will be rewarded with 10,000 yuan for every 10 million yuan year-on-year increase in output value. The maximum reward for a single enterprise is 1 million yuan.
Two enterprises in Zhongshan will be rewarded with the maximum 1 million yuan, namely Wistron InfoComm (Zhongshan) and Mingyang Smart Energy Group.
A total reward of 12.83 million yuan will be granted to 347 enterprises this time.