Yichang Technology Co., Ltd.

Announcement on the repurchase and cancellation of part of the restricted stock to reduce registered capital and notify creditors

Legal opinion from Guangdong Nanguo Desai Law Firm regarding the 2025 annual shareholders' meeting of Guangzhou Yichang Technology Co., Ltd.

Announcement of the resolutions of the 2025 annual shareholders' meeting

Annual Financial Report for 2025 of Guangzhou Yichang Technology Co., Ltd.

2026 First Independent Directors' Special Meeting Review Opinion

The Independent Directors of Guangzhou Yichang Technology Co., Ltd. reviewed and approved the proposed 2026 annual related party transaction budget. The transactions are deemed normal commercial activities, priced fairly, and will not affect the company's independence or harm shareholder interests. The proposal will be submitted to the 27th meeting of the 6th Board of Directors for deliberation.

2025 Annual Report on the Performance of the Board of Directors' Audit Committee

This report details the performance of Guangzhou Yichang Technology Co., Ltd.'s Audit Committee in 2025. The committee held 5 meetings, with all members attending and unanimously approving all proposals. Key activities included overseeing external and internal audits, reviewing financial reports, and evaluating internal controls, ensuring compliance and supporting scientific decision-making.

2025 Annual Financial Report

This report presents the audited 2025 financial statements of Guangzhou Yichang Technology Co., Ltd. The company achieved operating revenue of RMB 2,973,995,271.65, a 10.83% increase year-on-year. Net profit attributable to shareholders rose significantly by 102.12% to RMB 191,409,341.77. The report details asset-liability, profit and loss, and cash flow situations.

2025 Board of Directors Work Report

This report details the 2025 operational performance and strategic outlook of Guangzhou Yichang Technology Co., Ltd. The company achieved significant growth in net profit, driven by strong performance in the new energy sector. Key strategies for 2026 include expanding production capacity, enhancing product quality, and focusing on technological innovation across its business segments.

Announcement on the Application for Comprehensive Credit Line from Financing Institutions for 2026

Announcement on Purchasing Liability Insurance for Company Directors and Senior Management

Guangzhou Yichang Technology Co., Ltd. announces its decision to purchase liability insurance for its directors and senior management. This initiative aims to improve the risk management system, reduce operational risks, and encourage personnel to fulfill their duties. The insurance plan includes a compensation limit of RMB 30 million per incident and annually, with an annual premium not exceeding RMB 130,000. The proposal will be submitted to the shareholders' meeting for approval.

Announcement on the Release of Custody on the Company's Actual Controller

Guangzhou Yichang Technology Co., Ltd. announces that its actual controller, Ms. Xiong Haitao, has been released from custody by the Sichuan Provincial Supervisory Commission. The custody was imposed on January 27, 2026, and lifted on April 24, 2026. The company's production and operation are currently normal. Investors are advised to make decisions cautiously.

Guangzhou Yichang Technology Co., Ltd. 2025 Annual Independent Director Performance Report (He Hezheng)

This report details the performance of Independent Director He Hezheng for Guangzhou Yichang Technology Co., Ltd. in 2025. He attended all required meetings, actively participated in the Audit Committee, and reviewed related-party transactions and financial reports. The director fulfilled his duties diligently, ensuring compliance and protecting shareholder interests, particularly those of minority shareholders.

2025 Annual Independent Director Performance Report (Hu Bin)

This report details the performance of Independent Director Hu Bin for the year 2025. It covers his basic information, attendance at board and shareholder meetings, participation in special committees, and exercise of independent director rights. The report confirms his compliance with independence requirements and his active role in overseeing company operations, financial reporting, and corporate governance, concluding with recommendations for 2026.

2025 Annual Report of Independent Director (Ren Li)

This report details the performance of Independent Director Ren Li for 2025. Ren Li attended all required meetings, voted in favor of all proposals, and actively participated in committee work and communication with management and shareholders. The director fulfilled their duties diligently, ensuring compliance and protecting shareholder interests, particularly those of minority shareholders.

Announcement on Holding the 2025 Online Performance Briefing

Guangzhou Yichang Technology Co., Ltd. will hold an online performance briefing on April 27, 2026, from 16:00 to 17:00. The briefing aims to help investors better understand the company's 2025 annual report and operational status. Investors can participate via the P5W.net platform or the Tonghuashun Roadshow platform. Questions can be submitted via email by 12:00 on April 27, 2026.

Guangzhou Yichang Technology Co., Ltd. Internal Control Audit Report

This report presents the internal control audit findings for Guangzhou Yichang Technology Co., Ltd. as of December 31, 2025. The auditors concluded that the company maintained effective internal controls over financial reporting in all material respects. The report outlines the responsibilities of both the company and the auditors regarding internal controls and acknowledges the inherent limitations of internal control systems.

Internal Control Evaluation Report for 2025

Management System for Remuneration of Directors and Senior Management

This document outlines the remuneration management system for directors and senior management of Guangzhou Yichang Technology Co., Ltd. It details the principles of remuneration, its composition and distribution, adjustment mechanisms, and clawback provisions. The system aims to establish effective incentive and restraint mechanisms to improve operational efficiency and align remuneration with company performance and long-term development.

Announcement on Changes in Accounting Policies

Announcement on Provision for Asset Impairment, Write-off of Bad Debts, and Write-off of Liabilities for 2025

Guangzhou Yichang Technology Co., Ltd. announces its provision for asset impairment, write-off of bad debts, and write-off of liabilities for 2025. The company will provide for asset impairment of RMB 20.4372 million and write off bad debts totaling RMB 70.4562 million. It will also write off liabilities of RMB 7.3870 million. These actions are expected to reduce profit by RMB 20.4372 million and increase profit by RMB 7.3870 million, respectively.

Audit Opinion of the Compensation and Assessment Committee on the Repurchase and Cancellation of Part of the Restricted Shares Granted under the 2023 Restricted Stock Incentive Plan

The Compensation and Assessment Committee reviewed the repurchase and cancellation of 349,000 restricted shares from 10 employees who are no longer eligible due to resignation. The repurchase price is RMB 3.16 per share. The committee confirmed the process is compliant and will not materially impact the company's financial status or operating results.

Announcement on Repurchase and Cancellation of Part of the Restricted Shares Granted under the 2023 Restricted Stock Incentive Plan

Guangzhou Yichang Technology Co., Ltd. announces the repurchase and cancellation of 349,000 restricted shares from 10 employees who have resigned and are no longer eligible. The repurchase price is 3.16 RMB per share, funded by the company's own capital. This action is in accordance with the company's incentive plan and relevant regulations. The repurchase and cancellation will not materially impact the company's financial status or operating results.

Legal Opinion on Conditions for Vesting and Repurchase of Restricted Shares

This legal opinion addresses the conditions for vesting and repurchase of restricted shares under Guangzhou Yichang Technology Co., Ltd.'s 2023 Restricted Stock Incentive Plan. It confirms that the conditions for the second vesting period of the initial grant and the first vesting period of the reserved grant have been met. The opinion also covers the repurchase and cancellation of certain restricted shares due to employee departures, confirming compliance with relevant regulations and the incentive plan.

Audit Opinion on the Achievement of Vesting Conditions for the Second Tranche of the First Grant and the First Tranche of the Reserved Grant under the 2023 Restricted Stock Incentive Plan

The Remuneration and Assessment Committee reviewed the 2023 Restricted Stock Incentive Plan. It confirmed that the vesting conditions for the second tranche of the first grant and the first tranche of the reserved grant have been met. This includes company-level performance for 2025 and individual performance for eligible employees. The committee approved proceeding with the vesting.

Announcement on the Achievement of Unlocking Conditions for the First Tranche of the 2023 Restricted Stock Incentive Plan and the First Tranche of the Reserved Grant

Guangzhou Yichang Technology Co., Ltd. announces that the unlocking conditions for the second unlocking period of the first tranche and the first unlocking period of the reserved tranche of its 2023 Restricted Stock Incentive Plan have been met. A total of 244 eligible individuals will be able to unlock 5,101,700 shares, representing 1.24% of the company's total share capital. The company will proceed with the unlocking procedures and subsequent stock listing and circulation announcements.

Announcement on the Estimated Amount of Daily Related Transactions for 2026

Announcement on the Estimated Limit of External Guarantees for 2026

Guangzhou Yichang Technology Co., Ltd. announces its 2026 external guarantee plan, with a total limit of RMB 1.9 billion. This includes guarantees for wholly-owned and controlled subsidiaries to support their operations. The company has assessed the risks and believes they are controllable, not harming shareholder interests. The plan requires shareholder approval.

Notice of Convening the 2025 Annual Shareholders' Meeting

Guangzhou Yichang Technology Co., Ltd. will convene its 2025 Annual Shareholders' Meeting on May 19, 2026. The meeting will discuss 15 proposals, including the 2025 annual report and profit distribution plan. Shareholders can vote in person or via online channels.

Resolution Announcement of the 27th Meeting of the 6th Board of Directors

The 27th meeting of the 6th Board of Directors of Guangzhou Yichang Technology Co., Ltd. was held on April 23, 2026. The board reviewed and approved the 2025 annual report, the 2025 board work report, the 2025 general manager work report, and the 2025 financial report. Several other proposals regarding profit distribution, internal controls, and compensation were also passed.

Announcement on the 2025 Profit Distribution Plan

Guangzhou Yichang Technology Co., Ltd. announces its 2025 profit distribution plan. The company will not distribute cash dividends, issue bonus shares, or convert capital reserves into share capital. This decision is due to the company's net profit loss and negative retained earnings, failing to meet distribution conditions. The plan aims to support the company's transformation and sustainable development.

Quarterly Report for Q1 2026

Evaluation Report on the Performance of the Accounting Firm for 2025

Report on the Audit Committee's Supervision of the Accounting Firm in 2025

The Audit Committee of Guangzhou Yichang Technology Co., Ltd. supervised the work of Daxin Certified Public Accountants LLP for the 2025 annual audit. The committee reviewed the firm's qualifications, performance, and independence, finding them suitable. The firm issued a standard unqualified audit report, confirming the company's financial statements and internal controls were fairly presented. The committee approved the reappointment of the firm.