Xingma’s large-tonnage multi-function crane trucks R&D incentives

According to Ma'anshan Municipal Science and Technology Bureau, at the end of the recently deducted corporate income tax deduction for R&D project review meeting, according to the conditions set by the country, the “Science and Technology Department of Anhui Province, the Ministry of Finance, the National Tax Bureau, and the Local Taxation Bureau jointly published the “Enterprise. Research and Development Expenditures on Income Tax Deduction Policy Specific Operational Measures” (Corse (2008) No. 77), a large-tonnage multi-function truck-mounted crane truck independently developed and researched by Xingma Stock Co., Ltd., through the municipal finance and taxation administration department. The review was approved by the relevant professor expert review and agreed that the project's research and development expenses should be deducted before the income tax deduction policy.

The large-tonnage multifunctional truck-mounted crane truck is a product independently developed by the company. It highlights the design philosophy of “safety, environmental protection, and leadership” and reflects two major highlights: performance, “three highs” (high-tech, high-tech). With its high content and high configuration, as well as its elegant appearance, it was built on the basis of a domestically-manufactured second-class truck chassis produced by Valin Auto, and was further developed with the crane crane and cargo box produced by our company. With the functions of cranes and trucks, it can independently or assist other transportation tools to carry out a series of tasks such as “lifting, loading, and handling”. It is a typical multi-function, labor-saving and high-efficiency machine, which can greatly improve the loading, lifting and transportation of goods. Work efficiency. From the economic analysis, for the user. It can save the investment in the purchase of fixed assets and reduce the use of operating expenses, and the work efficiency can be significantly improved. From the analysis of social benefits, the project uses advanced technology to transform traditional industries, can arrange 20 to 30 jobs, promote the technological progress of China's transportation and logistics industry, and drive the rapid development of related industries. This is of great significance. The new product will have better development prospects in the future in the large-scale special-purpose vehicle market.