CFMOTO's US Subsidiary Receives $38.6 Million in Tariff Refunds

CFMOTO (603129) announced on August 12 that its wholly owned US subsidiary CFMOTO POWERSPORTS, INC. (CFP) has recently received tariff refunds from US authorities. As of now, CFP has received a total of $38.6079 million in tariffs and interest.

Converted at the central parity rate of RMB 6.7882 per US dollar on August 12, 2026, the amount is equivalent to RMB 262 million.