Fenglin Group (601996.SH): Received a tax notice requiring repayment of approximately 27 million yuan in taxes.

date
16/08/2026
Zhito Finance APP news, Fenglin Group (601996.SH) announced that on August 14, 2026, the company received a "Taxation Notice" issued by the local tax authority, the Nanning High-tech Industrial Development Zone Tax Bureau (referred to as the "Tax Authority"). The Tax Authority requested the company to return the tax refunds that were not eligible for the immediate rebate value-added tax preferential policy, which were issued between January 1, 2022, and December 31, 2025. The "Taxation Notice" does not involve any administrative penalties, and the company has initially estimated that the amount to be returned is approximately 27 million yuan. The related financial impact will be included in the profit and loss for the period of 2026.
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