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Estimated Results For The Year 2025

29th Jan 2026 08:04

RNS Number : 8918Q
Zhejiang Yongtai Technology Co Ltd
29 January 2026
 

ZHEJIANG YONGTAI TECHNOLOGY CO., LTD.

(GDR under the symbol: "YTT")

(a joint stock company established under the laws of the People's Republic of China with limited liability)

Estimated Results For The Year 2025

I. Results estimation for the period

1. Reporting period of the estimated results: 1 January 2025 to 31 December 2025;

2. Estimated results:Net profit expected to be negative

Performance forecast issued as a range

Item

Current reporting period

Corresponding period of the previous year

Net profit attributable to the shareholders of the listed company

Loss: RMB25.60 million-RMB48.60 million

Loss: RMB478.3540 million

Net profit after deducting non-recurring gains or losses

Loss: RMB19 million-RMB38  million

Loss: RMB443.8717 million

Basic earnings per share

Loss: RMB0.03/share - RMB0.05/share

Loss: RMB0.52/share

Operating income

RMB5,000 million-RMB5,500 million

RMB4,589.3978 million

Operating income after deducting

RMB5,000 million-RMB5,500 million

RMB4,578.1917 million

II. Communication with certified public accountants

The financial data related to the estimated results have not been preliminarily audited by the certified public accountants. However, the Company has conducted pre-communication with the certified public accountants on major matters related to the estimated results, and there is no disagreement between the Company and the certified public accountants on the estimated results.

III. Reasons for changes in results

For the full year 2025, the Company expects a year-on-year reduction in net loss attributable to shareholders of the listed company after excluding non-recurring items of approximately RMB 405.87 to 424.87 million , representing a contraction in loss magnitude of 91.44% to 95.72%, demonstrating marked improvement in operating efficiency.

During the reporting period, robust growth in new energy vehicle and energy storage demand propelled substantial year-on-year increases in both sales volume and pricing of the Company's core lithium battery material products. This drove significant gross profit expansion in principal operations, serving as the primary driver of loss reduction. Meanwhile, fluctuations in USD exchange rates led to increased foreign exchange losses compared with the prior year. Furthermore, in adherence to contractual commitments, the Company strictly executed certain long-term lithium battery material supply agreements at previously contracted lower price points. These factors partially offset current-period profitability.

Looking ahead to 2026, as market values for major lithium battery material products gradually normalize, the Company will remain focused on its core business, intensify market expansion and customer portfolio optimization, and advance comprehensive cost discipline and efficiency initiatives across the entire value chain. Through these efforts, the Company aims to enhance earnings quality and strengthen risk resilience, fostering steady improvement in its operating performance.

IV. Other relevant information

The estimated results set out herein are results of the preliminary estimation conducted by the finance department of the Company and the actual financial information of the Company is subject to the 2025 annual report to be disclosed by the Company. Investors are advised to exercise caution while making decision and pay attention to investment risks.

The Board of Directors

Zhejiang Yongtai Technology Co., Ltd.

29 January 2026

 

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