Securities Code: 002326 Securities Abbreviation: Yongtai Technology Announcement Number: 2026-040 Zhejiang Yongtai Technology Co., Ltd. Announcement on Progress of Commodity Futures Hedging Business The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false representations, misleading statements, or material omissions.
I. Overview of Commodity Futures Hedging Business Zhejiang Yongtai Technology Co., Ltd. (hereinafter referred to as the "Company") held its 2025 Annual Shareholders' Meeting on May 18, 2026. It was deliberated and approved that the Company and its subsidiaries included in the consolidated financial statements may carry out commodity futures hedging business based on their production and operation needs. The margin for the commodity futures hedging business shall not exceed RMB 100 million (excluding the cost of physical delivery of the futures underlying asset). The highest contract value held on any trading day shall not exceed 50% of the net assets as of the most recent audited period. The validity period of the aforementioned business quota is from the date of deliberation and approval at the Company's 2025 Annual Shareholders' Meeting to the date of the 2026 Annual Shareholders' Meeting. The quota can be used on a revolving basis within the validity period. If the duration of a single transaction exceeds the quota period, the quota period will be automatically extended until the termination of that transaction. For details, please refer to the "Announcement on Carrying Out Commodity Futures Hedging Business" (Announcement Number: 2026-029) disclosed by the Company on April 28, 2026, in the Securities Times, China Securities Journal, Shanghai Securities News, Securities Daily, and the Juchao Information Network (http://www.cninfo.com.cn).
II. Progress of Commodity Futures Hedging Business and Impact on the Company Recently, according to preliminary statistics from the Company's finance department, from January 1, 2026, to the trading day before the disclosure of this announcement, the Company's lithium carbonate futures hedging operations generated profits of RMB 16.1368 million, and the unrealized gains on open hedging positions were approximately RMB 2.8470 million.