Riyadh (300296.SZ): Received a refund of US$16.5598 million in US tariffs and interest

According to Zhitong Finance App, Riyadh (300296.SZ) issued an announcement. In February 2026, the US Supreme Court ruled that the various import tariffs imposed by the US government under the International Emergency Economic Powers Act (IEEPA) lacked legal authorization, that the relevant tariff measures were not valid from the beginning, and that the tariffs already collected from US importers must be fully refunded and interest paid. The US Customs and Border Protection (CBP) officially launched the tax refund process on April 20, 2026. Up to now, subsidiaries within the scope of the company's merger have received a total of US$16.5598 million in US customs and interest refunds.