There is a big difference between being legit and having a stock price reflecting true value.
I truly am not an investor of companies that use gov subsidies, I don't believe in them and I think it is a horrible, unethical way to build a business. If they cannot survive without taxpayers footing the bill they shouldn't be there. IMO
Also, I truly believe that the subsidies will die off and leave a lot of businesses bankrupt.
But, I do wish investors luck.