The board of directors, directors, and senior management warrant the truthfulness, accuracy and completeness of the contents of this quarterly report and that there is no false representation, misleading statements contained herein or material omission of this quarterly report, for which they will assume joint and several liabilities.
The person in charge of the Company, the responsible person for accounting work, and the person in charge of the accounting department (the principal officer of accounting), hereby warrant that the financial statements contained in this quarterly report are true, accurate and complete.
Whether the first quarter interim financial report has been subject to audit
□Yes ☑ No
-
MAJOR FINANCIAL DATA
-
Major Accounting Data and Financial Indicators
Whether the Company needs to retroactively adjust or restate accounting data from previous years
□Yes ☑ No
Items
This reporting period
Same period last year
Increase/decrease in this reporting period as compared with the same
period last year
Operating income (Yuan)
1,692,745,244.32
1,059,959,157.67
59.70%
Net profit attributable to shareholders of the listed company (Yuan)
104,664,216.72
10,577,472.09
889.50%
Net profit attributable to shareholders of the listed company after deducting non-recurring profits and losses (Yuan)
83,156,660.12
-18,124,603.13
558.81%
Net cash flow from operating activities (Yuan)
108,368,570.16
-18,708,412.05
679.25%
Basic earnings per share (Yuan/share)
0.113
0.011
927.27%
Diluted earnings per share (Yuan/share)
0.113
0.011
927.27%
Weighted average return on net assets
3.84%
0.40%
Increase by 3.44 percentage points
Items
At the end of this reporting period
At the end of the previous year
Increase / decrease at the end of this reporting period compared to the end of the previous year
Total assets (Yuan)
12,173,452,852.55
11,215,467,046.58
8.54%
Net assets attributable to shareholders of the listed company (Yuan)
2,780,074,666.37
2,671,765,055.73
4.05%
-
Non-recurring profit and loss items and amounts
☑ Applicable □Not applicable
Unit: yuan
Items
Amounts for the
reporting period
Notes
Profits and losses from disposal of non-current assets (including the writing-off part of
the assets with impairment provision withdrawn)
-582,596.35
Government subsidies included in the current profit and loss (except for those closely related to the Company's normal business operations, in compliance with national policies and regulations, enjoyed according to the determined standards, and have a continuous impact on the Company's profits and losses)
16,558,208.49
The profits and losses from changes in fair value arising from the holding of financial assets and financial liabilities as well as the profits and losses arising from the disposal of financial assets and financial liabilities by non-financial enterprises, except for the effective hedging business related to the normal operation of the Company.
11,193,537.76
Non-operating income and expenses other than those mentioned above
2,786,262.17
Less: amount impacted of income tax
5,684,038.82
Amount impacted of minority shareholders' equity (after tax)
2,763,816.65
In total
21,507,556.60
--
Specific situation of other profit and loss items that satisfy the definition of non-recurring profit and loss:
□Applicable ☑ Not applicable
There was no specific situation of other profit and loss items that satisfy the definition of non-recurring profit and loss in the Company.
Explanation of the circumstances in which the non-recurring profit and loss items listed in the Explanatory Announcement No. 1 on Information Disclosure by Public Issuers of Securities -- Non-recurring Profit and Loss Items (《公开发行证券的公司信息披露解释性公告第 1 号--非经常性损益》) are defined as recurring profit and loss items.
□Applicable ☑ Not applicable
There was no circumstance of non-recurring profit and loss items listed in the Explanatory Announcement No. 1 on Information Disclosure by Public Issuers of Securities - Non-recurring Profit and Loss Items are defined as recurring profit and loss items in the Company.
- Changes in major accounting data and financial indicators and reasons for such changes
☑Applicable □ Not applicable
1、Explanation of reasons for changes in balance sheet items exceeding 30%2、Explanation of reasons for changes in income statement items exceeding 30%Items
Percentage change
Reasons for change
Monetary funds
60.42%
Due to higher collection of trade receivables in the reporting period;
Accounts receivable
30.74%
Due to expanded business scale and notable sales volume growth in the reporting period, resulting in a corresponding increase in total trade receivables;
Advance payment
69.68%
Due to an increase in prepaid payments for raw materials during the reporting period;
Other receivables
136.26%
Due to increased number of trading counterparties in the reporting period;
Right of use assets
138.32%
Due to the lease of office premises in the reporting period;
Other non-current assets
31.58%
Due to increased prepayments for equipment and construction works in the reporting period;
Notes payable
116.27%
Due to the use of bill settlement for transactions in the reporting period, resulting in an increase in the Group's notes payable;
Remuneration payable to employees
-31.06%
Due to the payment of a portion of annual performance bonuses in the reporting period;
Long-term loan
45.86%
Due to increased long-term bank borrowings in the reporting period;
Lease liabilities
437.06%
Due to an increase in lease payments due within one year during the reporting period.
Items
Percentage change
Reasons for change
Operating income
59.70%
Due to increased sales of the lithium battery segment in the reporting period;
3、Explanation of reasons for changes in cash flow statement items exceeding 30%Items
Percentage change
Reasons for change
Operating costs
48.46%
Due to increased revenue in the reporting period, with corresponding synchronous increase in cost of sales;
R&D expenses
50.85%
Due to increased R&D expenditure in the reporting period;
Income from investment
121.56%
Due to investment gains from the disposal of trading financial assets during the reporting period;
Credit impairment loss
-542.10%
Due to increased trade receivables and other receivables in the reporting period, resulting in a corresponding increase in expected credit loss provisions;
Asset impairment loss
-100.00%
Due to reversal of inventory write-downs in the same period of the prior year;
non-operating income
-73.41%
Due to settlement and write-off of long-outstanding accounts payable with tenure exceeding the prescribed period in the same period of the prior year;
non-operating expenses
48.12%
Due to increased net loss from PP&E disposal in the reporting period;
income tax expense
12656.79%
Due to increased income tax provision corresponding to the profit generated in the reporting period;
Net profit
848.64%
Due to increased profit of the lithium battery segment in the reporting period.
Items
Percentage change
Reasons for change
Net cash flow from operating activities
679.25%
Due to expanded business scale and increased sales collections in the reporting period;
Net cash flow from investing activities
53.68%
Due to an increase in investment in acquiring fixed assets during the reporting period;
Net cash flow from financing activities
36.68%
Due to a year-on-year increase in the net amount of bank borrowings obtained during the reporting period.
-
Major Accounting Data and Financial Indicators
-
SHAREHOLDER INFORMATION
(I)Table of the total number of ordinary shareholders and number of preference shareholders with voting rights restored and shareholdings of the top 10 shareholders
Unit: Share
Total number of shareholders as at the reporting period
ordinary end of the
125,373
Total number of preference shareholders with voting rights restored as at the end of the reporting period (if any)
Nil
Shareholdings of the top 10 shareholders（excluding the shares lent through refinancing）
Name of shareholder
Nature shareholders
of
Percentage of shareholding
Number held
of
shares
Number of shares held subject to selling restrictions
Shares pledged,marked or frozen
Status of shares
Quantity
Wang Yingmei
Domestic person
natural
15.59%
144,248,400
108,186,300
Pledge
31,000,000
He Renbao
Domestic person
natural
12.04%
111,400,000
0
Pledge
40,000,000
Zhejiang Yongtai Holdings Co., Ltd.
Domestic non-state-owned legal person
1.39%
12,887,500
0
Pledge
12,887,500
Hong Kong Securities Clearing Co., Ltd.
Overseas legal person
1.04%
9,575,269
0
Shanghai Axing Investment Management Co., Ltd. - Axing Gezhi No.12
Others
0.49%
4,530,000
0
Private Equity Investment Fund
Ma Zhe
Domestic person
natural
0.43%
3,986,400
0
Li Jie
Domestic person
natural
0.34%
3,150,000
0
CITIC Securities Asset Management (Hong Kong) Limited - Client Funds
Overseas legal person
0.34%
3,108,880
0
Ji Nana
Domestic person
natural
0.27%
2,477,077
0
Chen Yinyin
Domestic person
natural
0.24%
2,200,000
0
Shareholdings of the top 10 shareholders without limited sales conditions (excluding the shares lent through refinancing, the shares locked up by senior management.)
Name of shareholders
Number of circulating shares held not subject to sales restrictions
Type and number of shares
Type of shares
Quantity
He Renbao
111,400,000
RMB denominated ordinary shares
111,400,000
Wang Yingmei
36,062,100
RMB denominated ordinary shares
36,062,100
Zhejiang Yongtai Holdings Co., Ltd.
12,887,500
RMB denominated ordinary shares
12,887,500
Hong Kong Securities Clearing Co., Ltd.
9,575,269
RMB denominated ordinary shares
9,575,269
Shanghai Axing Investment Management Co., Ltd. - Axing Gezhi No.12 Private Equity Investment Fund
4,530,000
RMB denominated ordinary shares
4,530,000
Ma Zhe
3,986,400
RMB denominated ordinary shares
3,986,400
Li Jie
3,150,000
RMB denominated ordinary shares
3,150,000
CITIC Securities Asset Management (Hong Kong) Limited - Client Funds
3,108,880
RMB denominated ordinary shares
3,108,880
Ji Nana
2,477,077
RMB denominated ordinary shares
2,477,077
Chen Yinyin
2,200,000
RMB denominated ordinary shares
2,200,000
Explanation on the related relationship or concerted action of the above-mentioned shareholders
Mr. He Renbao, Ms. Wang Yingmei, Zhejiang Yongtai Holdings Co., Ltd. and Shanghai Axing Investment Management Co., Ltd. - Axing Gezhi No.12 Private Equity Investment Fund are parties acting in concert. Among them, Mr. He Renbao and Ms. Wang Yingmei are spouses, who collectively held 100% equity interest in Zhejiang Yongtai Holdings Co., Ltd., and Mr. He Kuang, the son of Mr. He Renbao and Ms. Wang Yingmei, held 100% equity interest in Shanghai Axing Investment Management Co., Ltd. - Axing Gezhi No.12 Private Equity Investment Fund.
Moreover, the Company is not aware of any related relationship among other shareholders or whether they are parties acting in concert, and it was also unknown to the Company whether the top 10 shareholders of circulating stock with unlimited sales conditions and the top 10 shareholders of ordinary shares are related to each other or are acting in concert.
Explanation on the top ten shareholders participating in securities margin trading business (if any)
4,530,000 shares were held by Shanghai Axing Investment Management Co., Ltd. - Axing Gezhi No.12 Private Equity Investment Fund through an investor credit securities account; 3,434,000 shares were held by Ma Zhe through an investor credit securities account; 2,477,077 shares were held by Ji Nana through an investor credit securities account.; and 2,200,000 shares were held by Chen Yinyin through
an investor credit securities account.
Information on shareholders holding more than 5%, the top 10 shareholders and the top 10 shareholders without limited sales conditions participating in the lending of shares through refinancing business
□Applicable ☑Not applicable
The top 10 shareholders and the top 10 shareholders without limited sales conditions changed from the previous period due to refinancing lending/restitution reasons
□Applicable ☑ Not applicable
(II)Table of the total number of preference shareholders and shareholdings of the top 10 preference shareholders of the company□Applicable ☑ Not applicable
-
OTHER IMPORTANT MATTERS
☑Applicable □ Not applicable
During the reporting period, to improve capital use efficiency and optimize resource allocation, the Company carried out systematic sorting and optimization of its overall strategic layout. The Company first cancelled the originally planned construction of the 200,000-tonne electrolyte project and 67,000-tonne liquid lithium hexafluorophosphate (LiPF6, industry general abbreviation) project of its subsidiary Yongtai High-Tech, subsequently proposed to invest in the construction of a new annual 200,000-tonne lithium battery electrolyte project in Binhai Coastal Industrial Park, after which it implemented technological transformation and capacity expansion for the existing solid lithium hexafluorophosphate production lines of Yongtai High-Tech, which will form an annual production capacity of 50,000 tonnes of solid lithium hexafluorophosphate upon completion, and additionally launched a new annual 5,000-tonne new-type lithium replenishing agent project in the plant area of Yongtai High-Tech. For details, please refer to the relevant announcements published by the Company on Securities Times, China Securities Journal, Shanghai Securities News, Securities Daily and Juchao Information Website (http://www.cninfo.com.cn) on March 3, 2026 and March 14, 2026.
On March 6, 2026, the shareholding increase plan of some of the Company's directors and senior management was fully implemented. For details, please refer to the relevant announcements published by the Company on Securities Times, China Securities Journal, Shanghai Securities News, Securities Daily and Juchao Information Website (http://www.cninfo.com.cn) on March 7, 2026.
The Company's subsidiary Foshan Shouxin passed the re-certification as a High and New Technology Enterprise (HNTE). For details, please refer to the relevant announcements published by the Company on Securities Times, China Securities Journal, Shanghai Securities News, Securities Daily and Juchao Information Website (http://www.cninfo.com.cn) on March 10, 2026.
- QUARTERLY FINANCIAL STATEMENTS
-
Financial Statements
1、Consolidated Balance Sheet
Prepared by: Zhejiang Yongtai Technology Co., Ltd.
31 March 2026
Unit: yuan
Item
31 March 2026
1 January 2026
Current assets:
Monetary funds
679,235,904.26
423,412,552.85
Deposit reservation for balance
Lending funds
Transactional financial assets
7,582,738.46
7,329,373.65
Derivative financial assets
Item
31 March 2026
1 January 2026
Notes receivable
454,922,959.15
358,677,475.83
Accounts receivable
1,889,507,887.81
1,445,257,530.40
Receivables financing
29,968,421.64
25,059,585.66
Advance payment
141,448,092.59
83,361,322.60
Premium receivable
Reinsurance receivables
Reinsurance contract reserves receivable
Other receivables
87,435,597.91
37,008,345.80
Of which: Interest receivable
Dividend receivable
Purchase of resale financial assets
Inventories
1,190,444,375.32
1,107,788,659.76
Of which: Data resources
Contract assets
Assets held for sale
599,943.92
599,943.92
Non-current assets due within one year
Other current assets
94,715,401.96
133,858,413.45
Total current assets
4,575,861,323.02
3,622,353,203.92
Non-current assets:
Loans and advances issued
Debt investment
Other debt investments
Long-term receivables
Long-term equity investment
256,090,796.52
254,383,993.38
Investment in other equity instruments
84,071,111.51
84,071,111.51
Other non-current financial assets
Real estate for investment purposes
17,145,821.87
17,448,766.61
Fixed assets
3,831,977,816.23
3,908,728,868.31
Construction in progress
1,673,479,775.62
1,599,879,666.64
Productive biological assets
Oil and gas assets
Right of use assets
6,749,364.56
2,832,079.11
Intangible assets
489,376,147.05
500,404,802.85
Of which: Data resources
Development expenditure
37,157,307.76
36,147,355.09
Of which: Data resources
Goodwill
600,936,834.86
600,936,834.86
Long-term deferred expenses
11,167,328.54
12,379,102.18
Deferred income tax assets
454,424,051.85
473,292,915.76
Other non-current assets
135,015,173.16
102,608,346.36
Total non-current assets
7,597,591,529.53
7,593,113,842.66
Total assets
12,173,452,852.55
11,215,467,046.58
Current liabilities:
Item
31 March 2026
1 January 2026
Short-term loan
2,258,643,508.84
2,303,099,403.93
Borrowings from the Central Bank
Borrowing funds
Transaction financial liabilities
1,528,080.00
1,528,080.00
Derivative financial liabilities
Notes payable
798,295,175.40
369,115,147.42
Accounts payable
1,498,051,408.09
1,505,751,100.52
Advance payment
Contractual liabilities
225,102,482.99
76,813,885.07
Financial assets sold for repurchase
Savings absorption and interbank deposits
Acting trading securities
Acting underwriting securities
Remuneration payable to employees
48,384,151.37
70,183,008.22
Taxes payable
53,387,494.39
46,953,633.29
Other payables
282,645,619.69
388,834,740.86
Of which: Interest payable
Dividend payable
Handling charges and commissions payable
Accounts payable reinsurance
Liabilities held for sale
Non-current liabilities due within one year
1,429,260,601.11
1,547,959,984.76
Other current liabilities
976,935,667.12
957,631,582.03
Total current liabilities
7,572,234,189.00
7,267,870,566.10
Non-current liabilities:
Provision for insurance contracts
Long-term loan
1,187,590,058.63
814,215,058.63
Bonds payable
Of which: Preferred shares
Perpetual debt
Lease liabilities
5,845,034.19
1,088,336.12
Long-term payables
194,125,864.92
75,679,981.11
Long-term remuneration payable to employees
Estimated liabilities
Deferred benefits
210,594,926.93
179,216,244.68
Deferred income tax liabilities
6,437,954.33
6,666,547.96
Other non-current liabilities
Total non-current liabilities
1,604,593,839.00
1,076,866,168.50
Total liabilities
9,176,828,028.00
8,344,736,734.60
Owner's equity:
Item
31 March 2026
1 January 2026
Capital stock
925,127,636.00
925,127,636.00
Other equity instruments
Of which: Preferred shares
Perpetual debt
Capital reserves
710,190,044.59
710,190,044.59
Less: treasury shares
29,721,600.00
29,721,600.00
Other comprehensive incomes
21,213,535.76
18,459,093.57
Special reserves
10,844,130.41
9,953,178.68
Surplus reserves
218,347,987.76
218,347,987.76
General risk provision
Retained earnings
924,072,931.85
819,408,715.13
Total owner's equity attributable to the parent company
2,780,074,666.37
2,671,765,055.73
Equity of minority shareholders
216,550,158.18
198,965,256.25
Total owner's equity
2,996,624,824.55
2,870,730,311.98
Total liabilities and owner's equity
12,173,452,852.55
11,215,467,046.58
Legal representative: Wang Yingmei Person in charge of accounting work:Ying Yangfeng Head of accounting agency: Ni Xiaoyan
2、Consolidated income statementUnit: yuan
Item
Amount incurred in the current period
Incurred amount during the previous period
I. Total operating income
1,692,745,244.32
1,059,959,157.67
Of which: Operating income
1,692,745,244.32
1,059,959,157.67
Interest income
Premium earned
Incomes for handling charges and commissions
II. Total operating cost
1,549,473,728.94
1,099,841,577.94
Including: Operating costs
1,284,973,396.19
865,513,467.85
Interest expenses
Expenditures for handling charges and commissions
Surrender value
Net amount of compensation expenses
Net insurance liability reserve withdrawn
Policyholder dividend expense
Reinsurance expenses
Taxes and surcharges
7,121,173.48
6,685,769.08
Marketing expenses
25,398,093.09
22,685,780.83
Management expenses
123,985,403.21
138,175,466.07
R&D expenses
39,353,357.46
26,087,543.36
Financial expenses
68,642,305.51
40,693,550.75
Of which: Interest expense
44,406,748.79
42,634,250.45
Interest income
917,191.64
1,470,346.08
Item
Amount incurred in the current period
Incurred amount during the previous period
Plus: Other income
16,558,208.49
23,395,891.31
Income from investment (loss expressed with "-")
12,900,340.90
5,822,470.28
Of which: investment benefits to the associated enterprise and joint venture
1,706,803.14
5,771,073.00
Income from derecognition of financial assets measured at amortized cost
Exchange gain (loss expressed with "-")
Net exposure hedging income (loss expressed with "-")
Gains from changes in fair value (loss expressed with "-")
Credit impairment loss (loss expressed with "-")
-29,736,433.08
6,726,158.62
Asset impairment loss (loss expressed with "-")
5,550,999.97
Gains from disposal of assets (loss expressed with
"-")
-114,747.30
-64,855.09
III. Operating profit (loss expressed with "-")
142,878,884.39
1,548,244.82
Plus: non-operating income
3,093,034.28
11,633,406.47
Less: non-operating expenses
774,621.16
522,954.82
IV. Total profit (total loss expressed with "-")
145,197,297.51
12,658,696.47
Less: income tax expense
23,348,149.00
-185,940.39
V. Net profit (net loss expressed with "-")
121,849,148.51
12,844,636.86
(I) Classification by business continuity
1. Net profit from going concern (net loss expressed with "-")
124,695,368.76
2,506,646.88
2. Net profit from discontinued operations (net loss expressed with "-")
-2,846,220.25
10,337,989.98
(II) Classification by ownership
1. Net profit attributable to shareholders of the parent company (net loss expressed with "-")
104,664,216.72
10,577,472.09
2. Minority shareholders' profits and losses (net loss expressed with "-")
17,184,931.79
2,267,164.77
VI. Net after-tax amount of other comprehensive incomes
2,754,442.19
27,576,930.94
Net after-tax amount of other comprehensive income attributable to the owner of the parent company
2,754,442.19
27,576,930.94
(I) Other comprehensive incomes not to be reclassified into profits and losses
1. Remeasurement of changes in defined benefit
plans
2. Other comprehensive income that cannot be transferred to profits and losses under equity method
3. Changes in fair value of other equity instrument investments
4. Changes in fair value of enterprise's own credit
risk
5. Others
(II) Other comprehensive incomes to be reclassified
2,754,442.19
27,576,930.94
Item
Amount incurred in the current period
Incurred amount during the previous period
into profits and losses
1. Other comprehensive income that can be transferred to profits and losses under equity method
2. Changes in fair value of other debt investments
3. Amount of financial assets reclassified into other comprehensive income
4. Provision for credit impairment of other debt investments
5. Cash flow hedging reserve
6. The balance arisen from the translation of foreign currency financial statements
2,754,442.19
27,576,930.94
7. Others
Net after-tax amount of other comprehensive income attributable to minority shareholders
VII. Total comprehensive income
124,603,590.70
40,421,567.80
Total comprehensive incomes attributable to the parent company's owners
107,418,658.91
38,154,403.03
Total comprehensive incomes attributable to minority shareholders
17,184,931.79
2,267,164.77
VIII. Earnings per share:
(I) Basic earnings per share
0.113
0.011
(II) Diluted earnings per share
0.113
0.011
Legal representative: Wang Yingmei Person in charge of accounting work:Ying Yangfeng Head of accounting agency: Ni Xiaoyan
3、Consolidated cash flow statementUnit: yuan
Item
Amount incurred in the current period
Incurred amount during the previous period
I. Cash flow from operating activities:
Cash received from sales of goods or rendering of labor services
1,109,333,996.87
765,932,581.42
Net increase in customer bank deposits and interbank deposits
Net increase in borrowing from the Central Bank
Net increase in loans from other financial institutions
Cash received from premiums obtained from original insurance contracts
Net cash received from reinsurance business
Net increase of policy holder deposits and investment funds
Cash received from interests, handling charges and commissions
Net increase in borrowing funds
Net increase in repurchase business capital
Net cash received from agency purchases and sales of securities
Refunds of taxes
39,729,555.96
40,976,522.78
Item
Amount incurred in the current period
Incurred amount during the previous period
Other cash received related to operating activities
54,909,069.45
36,557,350.10
Sub-total of cash inflows from operating activities
1,203,972,622.28
843,466,454.30
Cash payments for purchasing goods and receiving labor services
812,866,343.69
495,643,129.81
Net increase in customer loans and advances
Net increase of deposits in the Central Bank and other financial institutions
Cash payments for original insurance contract claims
Net increase in lending funds
Cash payments for interests, handling charges and commissions
Cash payments for the policyholder dividends
Cash paid to and on behalf of employees
120,929,633.55
109,025,092.50
All types of taxes paid
30,608,239.32
35,364,185.97
Other cash payments related to operating activities
131,199,835.56
222,142,458.07
Sub-total of cash outflows from operating activities
1,095,604,052.12
862,174,866.35
Net cash flow from operating activities
108,368,570.16
-18,708,412.05
II. Cash flow from investment activities:
Cash received from investment recovery
17,256,941.00
Cash received from returns on investments
Net cash received from disposal of fixed assets, intangible assets & other long-term assets
42,999.31
64,513.94
Net cash received from the disposal of subsidiaries and other business entities
Other cash received relating to investment activities
Sub-total of cash inflows from investment activities
42,999.31
17,321,454.94
Cash paid to acquire fixed assets, intangible assets & other long-term assets
162,667,779.56
116,666,848.30
Cash paid to acquire investments
6,474,058.80
Net increase in pledge loans
Net cash payments for the acquisition of subsidiaries and other business entities
Other cash payments related to investing activities
Sub-total of cash outflows from investment activities
162,667,779.56
123,140,907.10
Net cash flow from investing activities
-162,624,780.25
-105,819,452.16
III. Cash flow from financing activities:
Cash received from capital contributions
Of which: cash received from minority shareholders' investment in subsidiaries
Cash received from borrowings
1,708,297,194.35
1,324,600,729.90
Other cash received related to financing activities
483,210,000.00
Sub-total of cash inflows from financing activities
2,191,507,194.35
1,324,600,729.90
Cash payments for debt repayment
1,472,371,695.20
1,102,397,070.19
Cash payments for distributing dividends, profits or paying interest
47,405,534.76
43,212,993.37
Of which: share dividends and profits paid to
Item
Amount incurred in the current period
Incurred amount during the previous period
minority shareholders by subsidiaries
Other cash payments related to financing activities
427,089,494.17
Sub-total of cash outflows from financing activities
1,946,866,724.13
1,145,610,063.56
Net cash flow from financing activities
244,640,470.22
178,990,666.34
IV. Impact of currency fluctuation on cash and cash equivalents
-4,041,183.36
4,464,033.91
V. Net increase in cash and cash equivalents
186,343,076.77
58,926,836.04
Plus: Cash and cash equivalents balance at the beginning of the period
107,646,796.26
213,923,592.02
VI. Cash and cash equivalents balance at the end of the period
293,989,873.03
272,850,428.06
-
The information of the adjusting items related to the financial statements at the beginning of the year of first implementation due to the first implementation of new accounting standards from 2026.
□Applicable ☑ Not applicable
- Audit Report
Whether the first quarter interim financial report has been subject to audit
□Yes ☑No
The financial statements of the Company for the first quarter are unaudited.
Zhejiang Yongtai Technology Co., Ltd. Chairwoman: Wang Yingmei
Date of approval for reporting by the Board of Directors: 27 April 2026