Zhejiang Gongdong Medical Technology Co LtdSubsidiary receives US tariff refund of $940,700, boosting current-period profit.

Gongdong Medical's wholly owned subsidiary Trademark Plastics Inc. has recently received US tariff refunds totaling 940,700 dollars, including 901,000 dollars in tariffs and 39,700 dollars in interest. Based on the central parity rate of the RMB exchange rate on August 12, 2026, this is equivalent to approximately 6.39 million yuan, accounting for 12.40 percent of the company's most recently audited net profit attributable to shareholders of the listed company. In February 2026, the US Supreme Court ruled that the government lacked statutory authority to impose tariffs under the International Emergency Economic Powers Act, rendering the relevant tariff measures void from the outset, and tariffs already collected must be refunded to importers. US Customs and Border Protection officially began the refund process on April 20, 2026. The refunded amount is expected to be recognized in current-period profit or loss for 2026 and does not involve adjustments to prior-year profit or loss. The final accounting treatment and the amount of impact are subject to confirmation by the auditor.
Zhejiang Gongdong Medical Technology Co LtdSubsidiary receives US tariff refund of $940,700, boosting current-period profit.