Securities Code: 002326 Securities Abbreviation: Yongtai Technology Announcement No.: 2026-033 Zhejiang Yongtai Technology Co., Ltd. Announcement on Accrual of Asset Impairment Provisions for 2025 The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed herein, and there are no false records, misleading statements, or material omissions. In accordance with the "Accounting Standards for Business Enterprises," the "Shenzhen Stock Exchange Stock Listing Rules," and the relevant accounting policies of Zhejiang Yongtai Technology Co., Ltd. (hereinafter referred to as the "Company"), in order to more truthfully and accurately reflect the Company's asset status and financial status as of December 31, 2025, based on the principle of prudence, the Company conducted a comprehensive inventory, analysis, and evaluation of all assets within the scope of the consolidated financial statements as of December 31, 2025, and accrued impairment provisions for relevant assets with impairment indications. The specific situation is as follows: I. Situation of Accruing Asset Impairment Provisions This Time According to the Company's calculations, the impairment provisions accrued for assets with impairment indications as of the balance sheet date, December 31, 2025, amount to RMB 15,419,410.25. The details are as follows:
| Project | Amount Accrued in This Reporting Period (RMB) |
|---|---|
| Credit impairment provisions | 11,861,987.84 |
| Of which: Bad debt provisions for notes receivable | 5,361,832.80 |
| Bad debt provisions for accounts receivable | -4,231,107.13 |
| Bad debt provisions for other receivables | 10,766,293.08 |
| Impairment provisions for financing receivables | -35,030.91 |
| Asset impairment provisions | 3,557,422.41 |
| Of which: Inventory price decline provisions and contract performance cost impairment provisions | -399,124.84 |
| Impairment provisions for deve |