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Ganglian E-Commerce Receives RMB 1 Mln Subsidy

Shanghai Ganglian, 12/18/12

Shanghai-based steel industry B2B e-commerce platform operator Ganglian E-Commerce (MySteel.com) (300226.SZ) has announced that the company has received a RMB 1 mln subsidy from the Shanghai Zhangjiang Hi-Tech Park Management Committee earmarked for the express purpose of "assisting listed companies." The subsidy, which was received on December 18, 2012, will be listed as non-operational income in the company's 2012 financial report.

Keywords: government subsidy B2B e-commerce Internet Zhangjiang Hi-Tech Park MySteel Ganglian E-Commerce 300226.SZ

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