Stock Code: 002323 Stock Abbreviation: Yabo Shares Announcement No.: 2026-011
Shandong Yabo Technology Co., Ltd. Announcement on Proposed Non-Distribution of Profits for 2025
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed in this announcement, and that there are no false records, misleading statements, or material omissions.
Shandong Yabo Technology Co., Ltd. (hereinafter referred to as the "Company") held the Fourth Meeting of the Seventh Board of Directors on April 28, 2026, and deliberated and passed the "Proposal for Profit Distribution for 2025". The Company proposes not to distribute profits for 2025 and not to convert capital reserves into share capital. This proposal needs to be submitted for deliberation by the Company's shareholders' meeting.
I. Basic Situation of This Year's Profit Distribution Proposal
- Company's Available Profit Distribution Situation
According to the audit report issued by United Trust Qing Accountant Firm (Special General Partnership), the Company's net profit attributable to shareholders of the listed company in the consolidated statements for 2025 was -178,339,525.55 yuan. As of December 31, 2025, the undistributed profit at the end of the consolidated statements was -1,606,583,933.96 yuan, and the undistributed profit at the end of the parent company statements was -367,471,505.61 yuan.
- Company's 2025 Profit Distribution Proposal
The Company's profit distribution proposal for 2025 is: no cash dividend distribution, no bonus share issuance, and no capital reserve conversion into share capital.