Liyuan Information stated that according to the document, Shanghai Patai received the government subsidy of RMB 10,327,000 in 2017 on July 25, 2018. According to the relevant provisions of the “Accounting Standards for Business Enterprises No. 16 – Government Subsidy” The subsidy will be included in the 'other income' in the third quarter of 2018 and will be subject to corporate income tax at the rate of 25%. It is estimated that the company's 2018 net profit will be 7,745,250 yuan. The specific accounting treatment will be based on the results of the annual audit of the accountant.