REG - Zhejiang Yongtai - Estimated Results For The Year 2025

Zhejiang Yongtai Technology CoAnnouncement

29/01/2026 08:15

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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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