Shunxin Agriculture announced that its branch Pengcheng Food received a Tax Matters Notice from the competent tax authority, requiring a self-inspection of tax-related matters for the period from January 1, 2021 to December 31, 2025. After self-inspection, input value-added tax of 30.1081 million yuan needs to be transferred out. Since the book retained tax credit can be fully offset, it does not involve supplementary tax payment, late fees, or administrative penalties. This adjustment will be recorded in the 2026 profit and loss, and is expected to reduce the company's 2026 net profit, but will not affect daily production and operations.
Beijing Shunxin Agriculture Co LtdTax authority notice requires 30.1 million yuan input VAT transfer-out, reducing 2026 net profit.
