Hanshow Technology Co., Ltd.

Hanshow Technology released its 2026 interim report, with total operating revenue of 2.907 billion yuan, net profit attributable to the parent company of 336 million yuan, and net cash inflow from operating activities of 774 million yuan. The company's asset-liability ratio was 46.29 percent, up 3.34 percentage points from the previous quarter and up 7.78 percentage points from the same period last year. Gross margin was 33.07 percent, return on equity was 7.96 percent, and diluted earnings per share was 0.80 yuan. Total asset turnover was 0.39 times, and inventory turnover was 1.53 times, down 10.43 percent year on year. The number of shareholders was 26,100, and the top ten shareholders held 56.06 percent of the total share capital.

Recently, multiple A-share listed companies have announced receipt of US tariff refunds. Hanshow Technology's wholly-owned subsidiary in the United States has cumulatively received US tariff and interest refunds totaling 23.1064 million US dollars, equivalent to approximately 157 million yuan. After withholding, the impact on the company's 2026 net profit is approximately 71.1716 million yuan, accounting for 15.75% of the most recent audited net profit. Leyard's consolidated subsidiaries have cumulatively received US tariff and interest refunds totaling 16.5598 million US dollars, equivalent to approximately 112 million yuan. The specific impact on 2026 performance remains to be confirmed. Sirio Pharma's overseas subsidiaries have cumulatively received tariff and interest refunds totaling 11.7029 million US dollars, equivalent to approximately 79.4436 million yuan. Rongjie Health's controlled subsidiaries have cumulatively received 7.252 million US dollars, with an expected impact on the company's net profit attributable to the parent of 17.9599 million yuan, accounting for 24% of the most recent audited net profit. Shanghai Jahwa's wholly-owned overseas subsidiary has cumulatively received tariff and interest refunds of 4.6636 million US dollars, equivalent to approximately 32.322 million yuan, accounting for 12.08% of the company's most recent audited net profit. CFMOTO's wholly-owned subsidiary has cumulatively received US tariff and interest refunds of 38.6079 million US dollars, equivalent to 262 million yuan, with an expected impact on 2026 net profit of approximately 183 million yuan, accounting for 10.95% of the most recent audited net profit. Healthcare Co., Ltd.'s consolidated subsidiaries have cumulatively received US tariff refunds of 2.1324 million US dollars, equivalent to approximately 14.4764 million yuan, to be included in 2026 current profit or loss.

Leyard and Hanshow Technology separately disclosed on the evening of August 18 that they had received refunds of US tariffs and interest, equivalent to 112 million yuan and 157 million yuan respectively. Leyard's consolidated subsidiaries received total refunds and interest of 16.5598 million US dollars, equivalent to about 112 million yuan at the central parity rate of the renminbi on August 18. The company said the specific impact on its 2026 operating results and net profit attributable to the parent company remains to be confirmed, because some payments may need to be shared with customers through negotiation. Hanshow Technology's wholly owned subsidiary Hanshow America received total refunds and interest of 23.1064 million US dollars, equivalent to about 157 million yuan at the central parity rate of the renminbi on August 17. The amount is planned to be included in current profit and loss for 2026. After provisioning, it is expected to affect the 2026 annual net profit by about 71.1716 million yuan, accounting for 15.75 percent of its most recent audited net profit attributable to the parent company.

Hanshow Technology and Microsoft have officially signed a long-term global strategic partnership at Microsoft's headquarters in Seattle. The two companies will collaborate across physical AI solutions, store digital twins, and Azure cloud services, driving deep cooperation spanning from joint technology research to combined market promotion. Hanshow Technology is one of the world's leading providers of comprehensive digital store solutions for the pan-retail sector. Since fully launching its Hanshow 2.0 strategy in 2025, the company has centered on AI times data as its core driver and digital twins as its foundation, continuously advancing digital solutions covering all store scenarios. Microsoft, leveraging the strengths of Azure in cloud computing, big data, AI agents, and edge computing, will provide technical support for real-time access, processing, and intelligent analysis of massive store data. This partnership marks an upgrade from project-level joint innovation to a group-level, long-term strategic alliance targeting the global market.