Hangzhou Hetai Electromechanical Co., Ltd. announces that its wholly-owned subsidiary, Hangzhou Hetai Conveying Equipment Co., Ltd., has successfully re-certified as a high-tech enterprise. This re-certification allows the subsidiary to benefit from a reduced corporate income tax rate of 15% for three consecutive fiscal years from 2025 to 2027. The re-certification will positively impact the subsidiary's operational development.
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