Jiangxi unit receives tax rebates, China

Jiangxi Wannianqing Cement announced on Tuesday that one of its units recently received CNY23.9m of tax rebates.

The money will be counted into the unit's earnings in the first quarter of 2012, and CNY15.54m of the total shall be counted into the net profit of Jiangxi Wannianqing Cement Co, China Business Newswire reports.