Huid Technology's wholly-owned subsidiary paid back taxes and late payment penalties totaling 12.3013 million yuan, affecting the net profit for 2025.

MaticHoleFiller · 2026-03-25T13:47:28+00:00

Shanghai Huide Technology announced that its wholly-owned subsidiary Fujian Huide has paid a total of 12.3013 million yuan in taxes and late payment fees, which is expected to impact net profit for 2025. This supplementary payment does not involve tax penalties and will have no impact on the company's normal operations.

MaticHoleFiller

2026-03-25 13:47:28

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Shanghai Huide Technology Co., Ltd. (Stock Code: 603192, Stock Abbreviation: Huide Technology) recently announced that its wholly-owned subsidiary, Fujian Huide New Materials Co., Ltd. (hereinafter referred to as “Fujian Huide”), received a “Tax Risk Reminder Letter” from the tax authorities. The company has completed the payment of relevant taxes and late fees totaling 12.3013 million yuan. This matter will affect the company’s net profit for 2025.

The announcement shows that on March 13, 2026, Fujian Huide received the “Tax Risk Reminder Letter” from the Taxation Bureau of Fuding City, State Taxation Administration. After self-inspection, Fujian Huide needs to pay an additional 9.6798 million yuan in taxes and 2.6215 million yuan in late fees. As of the date of this announcement, Fujian Huide has paid the full amount as required, and this repayment does not involve any administrative penalties.

According to the relevant provisions of “Enterprise Accounting Standard No. 28 — Changes in Accounting Policies, Estimates, and Errors,” the above tax payments and late fees are not considered prior period accounting errors and do not involve retrospective adjustments to previous financial data. The announcement states that this amount will be included in the company’s profit and loss for 2025, with an expected impact of 12.3013 million yuan on net profit for 2025. The final figures will be based on the company’s audited financial statements for 2025. Huide Technology also stated that this tax repayment will not affect the company’s normal operations.

Item	Amount (10,000 yuan)
Additional tax payment	9,679.8
Late fees	2,621.5
Total	12,301.3
Estimated impact on 2025 net profit	12,301.3

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