DIT Group Limited (0726.HK)

[StockpickerCAPC]

DIT Group successfully claimed a tax rebateto drive cash flow for factory operations.

Source
http://dit.aconnect.com.hk/document/press/pressEN_220616.pdf

June 16, 2022

DIT Group Limited, an innovative high-tech company specializing businesses in the whole value chain of prefabricated construction (“PC”) in the People’s Republic of China, is pleased to announce that the Group successfully claimed a tax rebate amounted to a total of over RMB78 million in May 2022 according to relevant tax rebate policies.

Factories of the Group successfully claimed the tax rebate, including Zhoukou factory, Yuxi factory, Qijiang factory, decoration industrial park, Jiangxia factory, Hefei factory, Huaian factory, Ruyang factory, Dengfeng factory, Queshan factory and Jiaozhou factory. The Group will further press ahead with the filing of tax rebate of its factories to bring new dynamics into the cash flow.

DIT Group’s chief executive officer and executive director Guo Weiqiang said,
“The tax rebate not only brings new dynamics into the Group’s operations and contributes to the Group’s cash flow, but also lays a good foundation for tax and expense reduction. The Group will continue to get in line with national policies on carbon reduction goals to actively promote prefabricated construction technologies that reduce carbon emission from construction activities, accelerate the green transformation and upgrade in the industry and put sustainable development into practice, as well as strive to become a leading service provider of integrated solutions in smart building.”