CFMoto receives US$38.61 million in IEEPA tariff refunds, the highest among A-share companies

Regulation
โดย 之一·USCN·Read original
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CFMoto announced that its wholly-owned subsidiary CFP has received a total of US$38.6079 million in IEEPA tariff refunds from the United States, equivalent to approximately 262 million yuan. This is the highest refund amount received by any A-share company based on the US International Emergency Economic Powers Act. After accounting for income tax expenses of the US subsidiary, the refund is expected to boost the company's 2026 net profit by approximately 183 million yuan, representing 10.95% of the most recent audited net profit. The refunds stem from a US Supreme Court ruling in February 2026 that invalidated IEEPA tariffs, with US Customs initiating refunds on April 20. As of August 12, at least nine A-share companies have disclosed receiving refunds, totaling over US$90 million. CFMoto leads in refund amount, while Huahai Pharmaceutical, Guizhou Tyre, and Yindu Kitchen Equipment each received over US$10 million.

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