Yian Technology receives government subsidies to promote the development of new energy vehicles and die-casting technology

Dongguan Yian Technology Co., Ltd. received a government subsidy of 2.34 million yuan on November 25, 2024, which accounted for 68.82% of the company's latest audited net profit attributable to shareholders of the parent company. The funds will be mainly used for the research and development and demonstration application of aluminum-magnesium alloy integrated molding technology for key components of lightweight new energy vehicles (1.09 million yuan), and the development and demonstration application of heat-treatment-free aluminum alloy and large-scale complex conformal temperature control mold technology for integrated die casting (1.25 million yuan).