002326SZSE

2025 Annual Report on the Storage and Use of Raised Funds

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This report details the storage and use of raised funds by Zhejiang Yongtai Technology Co., Ltd. for 2025. The company raised USD 70,000,049.00, equivalent to RMB 502,355,351.65, with a net amount of RMB 476,598,996.87 after expenses. As of December 31, 2025, RMB 902,016.83 remains unused, held in special accounts.

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Securities Code: 002326 Securities Abbreviation: Yongtai Technology Announcement Number: 2026-031

Zhejiang Yongtai Technology Co., Ltd. 2025 Annual Report on the Storage and Use of Raised Funds

In accordance with the "Supervision Regulations for Raised Funds of Listed Companies" (CSRC Announcement [2025] No. 10), the "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guidelines No. 1 - Norms for Operations of Main Board Listed Companies," and the "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guidelines No. 2 - Announcement Format" and other relevant regulations, Zhejiang Yongtai Technology Co., Ltd. (hereinafter referred to as the "Company" or "this Company") hereby submits this special report on the storage, management, and use of raised funds for 2025:

I. Basic情况 of Raised Funds

(I) Actual Amount of Raised Funds and Fund Arrival Situation

According to the "Approval for Zhejiang Yongtai Technology Co., Ltd. to Issue Global Depositary Receipts and List on the London Stock Exchange" (CSRC Permit [2023] No. 684) issued by the China Securities Regulatory Commission on March 28, 2023, and the approval of the UK Financial Conduct Authority, the China Securities Regulatory Commission has approved the Company to issue Global Depositary Receipts (hereinafter referred to as "GDRs"). The number of GDRs issued in this offering was 7,438,900, with an issue price of USD 9.41 per GDR. The corresponding underlying securities are 37,194,500 A-shares of the Company, with a par value of RMB 1.00 per share. The total raised funds were USD 70,000,049.00, equivalent to RMB 502,355,351.65. After deducting underwriting fees and other issuance-related expenses for the public offering of shares, totaling RMB 25,756,354.78, the net amount of raised funds is equivalent to RMB 476,598,996.87. The above raised funds had arrived as of July 22, 2023, and were verified by Lixin Certified Public Accountants (Special General Partnership), who issued the "Capital Verification Report" (Xin Hui Shi Bao Zi [2023] No. ZF11080).

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