• Hello Customer - Log in or Register!
Date: 2013-08-02

Valin Steel and Subsidiary to Receive RMB 162 Million in Tax Rebates

Hunan Province-based Chinese steelmaker Hunan Valin Iron and Steel Co. has announced that for the period from August 1, 2011 to May 31 this year it has received approval for a tax rebate valued at RMB 106.56 million (USD 17.36 million) on electricity generated by waste heat and waste blast furnace gas from its steel production process. In addition, the company's subsidiary Valin LY Steel Co. has been approved for a tax rebate for the period from August 1, 2011 to June 30 this year totaling RMB 55.59 million ($9.05 million), also on electricity generated by waste heat and waste blast furnace gas from steel production.

The tax rebates in question will be included in the third quarter revenues of both companies
(CBCC)


Previous: The Standing Committee of Maanshan Municipal People's Congress visited Maanshan Fangyuan Slewing Ring Co.
Next: Huanyu Bearing Starts Cooperation with an Academician of the Chinese Academy of Engineering for Entering High-end Market

Hot Products:
Product Model Inside Diameter Outside Diameter Thickness
21306EK NACHI 30 72 19
22309EXK NACHI 45 100 36
【TradeBearings News Statement】

1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"TradeBearings".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.