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REG - Zhejiang Yongtai - Estimated Results For The Year 2025
REG - Zhejiang Yongtai - Estimated Results For The Year 2025

About this update from Zhejiang Yongtai Technology Co., Ltd. Class A
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 2025I. Results estimation for the period1. Reporting period of the estimated results: 1 January 2025 to 31 December 2025;2. Estimated results:Net profit expected to be negativePerformance forecast issued as a rangeItemCurrent reporting periodCorresponding period of the previous yearNet profit attributable to the shareholders of the listed companyLoss: RMB25.60 million-RMB48.60 millionLoss: RMB478.3540 millionNet profit after deducting non-recurring gains or lossesLoss: RMB19 million-RMB38 millionLoss: RMB443.8717 millionBasic earnings per shareLoss: RMB0.03/share - RMB0.05/shareLoss: RMB0.52/shareOperating incomeRMB5,000 million-RMB5,500 millionRMB4,589.3978 millionOperating income after deductingRMB5,000 million-RMB5,500 millionRMB4,578.1917 millionII. Communication with certified public accountantsThe 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 resultsFor 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-...
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