Zhejiang CFMoto Power Co Ltd603129
▲ PositiveTariffrelevance
US tariff refund of USD 38.6 million received by subsidiary, boosting net profit.

CFMOTO announced that its wholly-owned subsidiary CFP has cumulatively received a refund of US tariffs and interest totaling USD 38.6079 million, equivalent to RMB 262 million at the exchange rate. After accounting for the US subsidiary's income tax expenses, it is expected to impact the 2026 net profit by approximately RMB 183 million, representing 10.95% of the most recent audited net profit.
Zhejiang CFMoto Power Co LtdUS tariff refund of USD 38.6 million received by subsidiary, boosting net profit.