Hikvision alleges that they receive no subsidies but their own financial records show $189 million of subsidies in 2015.
Hikvision 'overseas' has run a marketing campaign to counter critical coverage of their company. In a trade magazine interview, a Hikvision General Manager declares:
Hikvision does not receive subsidies from any government or financial institution
It is a definitive statement.
However, Hikvision's 2015 financial report (p.148) clearly lists Hikvision receiving government subsidies:
Indeed, Hikvision's own financials show 2015 China government subsidies of 1,274,249,562.08 RMB, equivalent to ~$189 million USD.