Digital building materials DataBM. Com news on March 6, Qibin Group's wholly-owned subsidiary Changxing Qibin Energy-saving Glass Co., Ltd. and Pinghu Qibin Glass Co., Ltd. have recently been jointly issued by Zhejiang Science and Technology Department, Zhejiang Finance Department, State Tax Administration and Zhejiang Tax Bureau.
In accordance with the Law of the People's Republic of China on enterprise income tax, the Regulations on the Implementation of the enterprise income tax of the People's Republic of China and the relevant preferential tax policies of the State for high-tech enterprises, Changxing Energy Conservation and Pinghu Qibin will be established within three years from 2022 (2022-2024) after filing with the local competent tax authorities. They can continue to enjoy the relevant preferential policies of the state on high-tech enterprises, that is, to pay enterprise income tax at the rate of 15%.
The company said that the two subsidiaries certified this time, Pinghu Qibin, passed the review of high-tech enterprises, while Changxing Energy Conservation was recognized for the first time.
According to the data of Digital Building Materials Network, Pinghu Qibin was established in June 2013, mainly engaged in float glass production and sales; industrial investment; import and export business of various commodities and technologies. Fujian Qibin Group Co., Ltd. (The controlling shareholder of Zhuzhou Qibin Group Co., Ltd.) Was established after the acquisition of the related assets of the glass production line auctioned by the former Zhejiang Glass Co., Ltd. in bankruptcy according to law. In 2020, Pinghu Qibin realized revenue of 1002.02 million yuan and net profit of 392.46 million yuan. Founded in January 2020, Changxing Energy Saving is located in Shiquan Village, Lijiaxiang Town, Changxing County, Huzhou City, Zhejiang Province. It mainly produces various kinds of energy-saving and environmental protection glass, low-radiation coated glass, heat-reflective coated glass, conductive film glass, etc. At the end of 2020, Changxing Energy Conservation had total assets of 769.61 million yuan, net assets of 183.4 million yuan, annual operating income of 355.77 million yuan and net profit of -15.01 million yuan.
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