REG - Zhejiang Yongtai - Preliminary 2026 Interim Results Forecast

About this update from Zhejiang Yongtai Technology Co., Ltd. Class A

RNS Number : 3800K Zhejiang Yongtai Technology Co Ltd 30 June 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)Preliminary 2026 Interim Results ForecastI. Preliminary Results for the Current Period1. Period for the estimated results: 1 January 2026 to 30 June 20262. Estimated results: Increase over last yearItemCurrent reporting periodCorresponding period last yearNet profit attributable tothe shareholders of thelisted companyProfit: RMB265.00million -RMB330.00 millionProfit: RMB58.8002 millionYear-over-year growth: 350.68% to 461.22%Net profit after deducting non-recurring gains and lossesProfit: RMB238.00 million-RMB303.00 millionProfit: RMB22.5204millionYear-over-year growth: 956.82% to 1245.45%Basic earnings per shareProfit: RMB0.29/share - RMB0.36/shareProfit: RMB0.06/shareII. Communication with Accounting FirmThe financial data related to this preliminary results has not been audited by the accounting firm.III. Explanation for the Changes in ResultsDuring the reporting period, driven by the rapid growth in demand from the new energy vehicle and energy storage markets, the Company experienced year-on-year increases in both sales volume and prices of its core lithium battery material products, namely lithium hexafluorophosphate, lithium bis(fluorosulfonyl)imide (LiFSI), vinylene carbonate (VC), and electrolytes. Concurrently, the 5,000 tons/year VC production capacity newly commissioned at the end of 2025 was steadily released. These two growth drivers collectively contributed to the expansion of the Company's revenue scale and the sustained improvement of its operating performance, resulting in a year-on-year increase in overall results.IV. Other Relevant ExplanationThis preliminary result is based on the estimation of the Finance Department of the Company, and the specific financial data is subject to the 2026 interim report to be disclosed by the Company. Investors are kindly advised to make cautious decisions and pay attention to investment risks.The Board of DirectorsZhejiang Yongtai Technology Co., Ltd.30 June 2026This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and...

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