Chunfeng Power (603129.SH): Cumulatively received a refund of $38.6079 million for U.S. tariffs and interest.
According to an announcement from Springwind Power (603129.SH), on February 2026, the U.S. Supreme Court ruled that the government's imposition of tariffs under the International Emergency Economic Powers Act (IEEPA) exceeded its statutory authority, rendering the related tariff measures invalid from the outset. Tariffs collected from U.S. importers must be fully refunded with interest. The U.S. Customs and Border Protection (CBP) officially initiated the refund process on April 20, 2026. To date, the companys wholly-owned subsidiary CFP has received a total of $38.6079 million in U.S. tariffs and interest refunds.
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