Controversies

Self-Inspection Finds It Failed to Meet Tax Incentive Conditions; Repays 57.84 Million Yuan in Taxes and Late Fees

On April 17, 2026, China Electronics Port announced that the company and its subsidiaries Guangdong Yi'an Warehouse, Shenzhen Yi'an Warehouse, and Shenzhen Si'ertai had self-inspected tax-related matters and found that some business activities did not meet the conditions for tax incentives. It prepaid back taxes of 42.8671 million yuan and late fees of 14.9732 million yuan, totaling about 57.84 million yuan. The company is registered in Qianhai; the announcement did not disclose the specific incentive policy involved, and the market questioned its application of the 15% corporate income tax incentive in Qianhai. The amount has been paid in full; it is expected to reduce net profit attributable to the parent by about 48.1591 million yuan in 2025 and about 5.5123 million yuan in 2026; the company said this was not a prior-period accounting error.