KCW.. u r right. Subsidy application and receive has a lead time based on our gov's "effiicient" control. TS should have a 26 mil for each Q on average(last year was 103 mil) but heard someone said it was only 8 mil received when i was in AGM. When it comes to last Q all outstanding sub shall be cleared!!. thats why 4Q is always a bumper quarter. Likely to happen for 4Q 2024 FR. Gov subsidy continues ceiling price is still there. Good prospect for TS.