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.
Leyard OptoelectronicReceived US tariff refunds of $16.56M, boosting profits.
Hanshow Technology Co., Ltd.Received US tariff refunds of $23.11M, expected to boost 2026 net profit.
