002088SZSE

Announcement on the Progress of Tax Payment by Subsidiary

✨ AI Summary

Shandong Luyang Energy-Saving Materials Co., Ltd. announced that its wholly-owned subsidiary, Inner Mongolia Luyang, must repay a total of RMB 36,989,515.50 in VAT for the years 2021 to 2023. Additionally, a late fee of RMB 21,522,186.47 has been incurred. These payments will impact the company's financial results for 2025.

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Full Translation

AI Translation· azure_openai

On December 23, 2025, Shandong Luyang Energy-Saving Materials Co., Ltd. (hereinafter referred to as "the Company") held the 21st (temporary) meeting of the 11th Board of Directors, where the proposal regarding the tax payment by its subsidiary was reviewed and approved.

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