$196,231,606.82 to be exact. From 2015 financials.
Amounts shown in RMB, Exchange Rate, 6.49.
Subscriber Discussion
Hikvision Recieved Nearly $200 Million In Government Subsidies In 2015
UI
Undisclosed Integrator #2
Oct 11, 2016Sort of beating a dead horse here regarding Hikvision being government owned and supported. The real question is, how long can Western manufacturers stay solvent with the money Hikvision has been given and the overwhelming government support that subsidizes more than the revenue a lot of small security manufacturers even gross.
JH
John Honovich
Oct 11, 2016Hat tip to #1 here.
Not a dead horse because the subsidizes point has not been seriously made before.
Moreover, Hikvision declared just 1 week ago that:
Hikvision does not receive subsidies from any government or financial institution
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