Shanghai Jahwa announced that its wholly-owned overseas subsidiary Mayborn USA Inc. has cumulatively received refunded tariffs and interest of 4.66 million US dollars from U.S. Customs and Border Protection, equivalent to approximately 32.32 million yuan, accounting for 12.08% of the company's most recent audited net profit attributable to the parent. The tax refund is planned to be recognized in current profit or loss for 2026 and does not involve adjustments to prior-year profit or loss. In the first quarter of 2026, Shanghai Jahwa achieved revenue of 1.795 billion yuan and net profit attributable to the parent of 222 million yuan.
Shanghai Jahwa United Co LtdSubsidiary received refunded tariffs and interest from U.S. Customs, boosting profit.
