Stock Code: 002331 Stock Abbreviation: Wantong Technology Announcement No.: 2026-020 Anhui Wantong Technology Co., Ltd. Announcement on the 2025 Profit Distribution Pre-proposal The Company and all members of the Board of Directors guarantee the content of this information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions. I. Deliberation Procedures Anhui Wantong Technology Co., Ltd. (hereinafter referred to as the "Company") held the fourth meeting of the Seventh Board of Directors on April 21, 2026. The meeting deliberated and passed the "Anhui Wantong Technology Co., Ltd. 2025 Profit Distribution Pre-proposal." This proposal needs to be submitted to the Company's 2025 Annual Shareholders' Meeting for deliberation. II. Basic Situation of Profit Distribution and Capital Reserve Transfer to Share Capital Plan According to the audit report issued by Zhongxinghua Certified Public Accountants (Special General Partnership), the Company's net profit attributable to shareholders of the listed company in 2025 was -325,885,707.23 yuan, and the parent company's net profit was -250,157,187.81 yuan. As of December 31, 2025, the undistributed profit in the consolidated financial statements was -142,137,897.27 yuan, and the parent company's undistributed profit was -159,314,543.37 yuan. In accordance with the "Supervisory Guidelines for Listed Companies No. 3—Cash Dividends for Listed Companies," the "Articles of Association," and other relevant laws and regulations, and considering the current macroeconomic situation, industry conditions, and the Company's business development needs, the profit distribution plan proposed by the Board of Directors for 2025 is: the Company will not distribute cash dividends, issue bonus shares, or convert capital reserves into share capital in 2025. III. Specifics of the Cash Dividend Plan (I) Whether it may trigger other risk warning situations
| Project | Current Year | Previous Year | Year Before Last |
|---|---|---|---|
| Total Cash Dividend (yuan) | 0 | 12,762,952.47 | 0 |
| Total Repurchased and Cancelled Shares (yuan) | 0 | 0 | 0 |
| Net Profit Attributable to Shareholders of Listed Company (yuan) | -325,885,707.23 | 36,916,523.32 | -78,409,974.42 |
| Accumulated Undistributed Profit at End of Current Period in Consolidated Statements (yuan) | -142,137,897.27 | ||
| Accumulated Undistributed Profit at End of Current Period in Parent Company Statements (yuan) | -159,314,543.37 | ||
| Whether the Company has been Listed for Three Full Fiscal Years | |||
| Total Cash Dividends in the Last Three Fiscal Years (yuan) | 12,762,952.47 | ||
| Total Repurchased and Cancelled Shares in the Last Three Fiscal Years (yuan) | 0 | ||
| Average Net Profit in the Last Three Fiscal Years (yuan) | -122,459,719.4433 | ||
| Total Cash Dividends and Repurchased/Cancelled Shares in the Last Three Fiscal Years (yuan) | 12,762,952.47 | ||
| Whether it Triggers the Provisions of Article 9.8.1 (IX) of the "Stock Listing Rules" for Possible Other Risk Warnings | Yes | ||
| Other Explanations: | |||
| The Company's net profit in the most recent fiscal year is negative, and the accumulated undistributed profits at the end of the period in both the consolidated and parent company statements are negative. The total cash dividends and share repurchases/cancellations in the last three fiscal years were 12,762,952.47 yuan, and the average net profit in the last three fiscal years was negative. The Company has not triggered the provisions of Article 9.8.1 of the "Shenzhen Stock Exchange Stock Listing Rules" for possible other risk warnings. | |||
| (II) Explanation of the Reasonableness of the Cash Dividend Plan | |||
| According to the "Supervisory Guidelines for Listed Companies No. 3—Cash Dividends for Listed Companies," the "Shenzhen Stock Exchange Stock Listing Rules," and the "Articles of Association," and the "Anhui Wantong Technology Co., Ltd. Future Three-Year (2025-2027) Shareholder Return Plan," the Company's net profit attributable to shareholders of the listed company in 2025 is negative, earnings per share are negative, and the undistributed profits in the consolidated and parent company statements at the end of 2025 are both negative, which does not meet the conditions for implementing cash dividends. | |||
| To ensure the Company's normal production and operation, facilitate the smooth implementation of the Company's development strategy, and achieve sustainable, stable, and healthy development, the Board of Directors proposes not to distribute profits or convert capital reserves into share capital for 2025. | |||
| This profit distribution pre-proposal comprehensively considers the Company's operating performance, net operating cash flow, business development, and shareholder returns. It complies with the Company's established profit distribution policy and is legal, compliant, and reasonable. | |||
| IV. Documents for Reference |
- Audit Report;
- "Resolution of the Fourth Meeting of the Seventh Board of Directors of Anhui Wantong Technology Co., Ltd." Hereby announced. Anhui Wantong Technology Co., Ltd. Board of Directors April 23, 2026