News

16

2018

-

03

Explanation of the income and expenditure of charitable funds in 2017


Payment of donations

From January 2017 to December 31, 2017, the company received a total of 14,946 yuan in donations, a balance of 550 yuan in 2016, and a disposable amount of 15,496 yuan in 2017.

Use of funds

After the recommendation of the school of the poor students, the company verified and determined the donation targets as follows:

1. Donate books and living expenses for 4 poor students from Tianqiao School of Taihu County, Anhui Province for one year, 2,000 yuan / person, total: 8,000 yuan.

2. Donated to China Youth and Children's Fund-Spring Bud: 7200 yuan. (Living expenses for 6 elementary school students)

Fund balance

As of December 31, 2017, the balance of donations was 296 yuan.