August 19 -- Kelin Environmental Protection Equipment (002499), a maker of dust filters, said it obtained a subsidy of 47.43 million yuan from the local government, reports stcn.com, citing a company filing.

The subsidy will be consolidated into Kelin’s financial statements using the deferred method.

Kelin Environmental has a total of 75 million shares outstanding. It recorded first half net profit of 16.56 million yuan.

Source:CapitalVue