17 October 2024
On 17 October 2024, the Zhongshan Industry and Information Technology Bureau (“the authorities”) issued the “Notice in relation to Launching the 2025 Database Integration Work for High-quality Development of Modern Corporate Systems for Micro, Small and Medium-sized Industrial Enterprises in Zhongshan Municipality” (“the Notice”). The Notice announced that specialized and new enterprises that have been recognized and undergone implementation of shareholding system reform, as well as municipality-level single-item champion cultivation enterprises shall be granted a subsidy based on 5% of the total paid-up capital of the enterprise, up to RMB 2 million. The application deadline for online submission is 6pm on 30 October 2024.