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The 3-minute transaction of 618 magnetic building blocks in JD Supermarket increased by 5.5 year-on-year; Aofei Entertainment and Shifeng Culture received government subsidies

JD Supermarket 618: The 3-minute transaction volume of magnetic building blocks increased by 5.5 year-on-year. As the leading online and offline supermarkets, JD Supermarket has become the driving force that continues to lead the high-quality growth of the fast-moving consumer industry. Each category of JD Supermarket is not only a long-term leader in market growth, but also an incremental market for major brands. In the 10 minutes before JD 618, the overall turnover of JD Supermarket increased by 500% year-on-year, once again becoming the vane leading the trend of national consumption and also demonstrating its status as the home market for domestic and foreign brand 618 sales. According to data from JD Supermarket’s toy and musical instruments category, the 3-minute transaction volume of magnetic building blocks has increased by 5.5 times year-on-year. It has become a buying trend to exercise children’s intelligence and spatial imagination. Aofei Entertainment received government subsidy of 18.8484 million yuan. Aofei Entertainment (002292) announced in the evening that the company and some of its subsidiaries have recently received various government subsidies totaling 18.8484 million yuan, and all relevant funds have been received. The above-mentioned government subsidies are expected to increase the company's total pre-tax profit of 17.44 million yuan in 2020. Announcement that Shifeng Culture received government subsidies Recently, Shifeng Culture Development Co., Ltd. (hereinafter referred to as Shifeng Culture), its subsidiary Shantou Yifeng Trade Development Co., Ltd. (hereinafter referred to as Yifeng Trading), and its subsidiary Shifeng Culture Venture Capital (Shenzhen) Co., Ltd. (hereinafter referred to as Shifeng Venture Capital) has received a total of 1,007,348.79 yuan in various government subsidies related to income since January 1, 2020. The relevant information is hereby announced as follows: as of the disclosure date of this report , The above-mentioned funds have been paid in full. Types of subsidies and their impact on listed companies 1. Types of subsidies. According to the 'Accounting Standards for Business Enterprises No. 16-Government SubsidiesRefers to government subsidies other than government subsidies related to assets. The above-mentioned project subsidies obtained by the company are not used for purchase and construction or to form long-term assets in other ways, so the above-mentioned government subsidies are all government subsidies related to income. 2. Recognition and measurement of subsidies. According to the 'Accounting Standards for Business Enterprises No. 16-Government SubsidiesGovernment subsidies, according to the nature of economic business, are included in other income or offset related costs, and government subsidies that are not related to the daily activities of the enterprise are included in the non-operating income and expenditure; the government directly allocates the interest subsidy funds to the enterprise, and the enterprise should pay the corresponding interest discount Reduce related borrowing costs. Among the above-mentioned government subsidies related to income, the government subsidy not related to the daily activities of the enterprise is 951,446.00 yuan, which is included in non-operating income; the government subsidy related to daily activities is 29,300.00 yuan, which is included in other income; the loan discount is 26,602.79 yuan, which offsets financial expenses . 3. The impact on listed companies. The company and its subsidiaries intend to include the above and government subsidies into non-operating income, other income, and offset financial expenses, totaling 1,007,348.79 yuan (unaudited), and it is expected to increase the total profit for 2020 by 1,007,348.79 yuan (unaudited). The final result is subject to the audit result of the accounting firm.

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