Announcement on Correction of Accounting Errors
The company and its board of directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or significant omissions.
Key Content Reminder
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Zhongke Yunwang Technology Group Co., Ltd. (hereinafter referred to as the "Company") has conducted a self-inspection of its battery cell business in strict accordance with "Enterprise Accounting Standards No. 14 - Revenue" and, based on the substance of the Company's business, will change the recognition of revenue for its 2025 battery cell business from the "gross method" to the "net method."
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This correction only affects the Company's consolidated income statements for the first, second, and third quarters of 2025. It does not involve the Company's consolidated balance sheets or consolidated cash flow statements. This accounting error correction does not involve adjustments to previously disclosed annual report data.
Zhongke Yunwang Technology Group Co., Ltd. (hereinafter referred to as the "Company") held its second (extraordinary) meeting of the sixth Board of Directors on April 7, 2026, and reviewed and approved the "Proposal on Correction of Accounting Errors." It was agreed that the Company would correct its accounting errors in accordance with "Enterprise Accounting Standards No. 28 - Changes in Accounting Policies, Accounting Estimates and Errors" and "Information Disclosure Rules for Public Issuance of Securities No. 19 - Correction and Related Disclosure of Financial Information," as well as the Company's self-inspection findings. The specific details are hereby announced as follows: