002420SZSE

Announcement on the 2025 Profit Distribution Plan

✨ AI Summary

Guangzhou Yichang Technology Co., Ltd. announces its 2025 profit distribution plan. The company will not distribute cash dividends, issue bonus shares, or convert capital reserves into share capital. This decision is due to the company's net profit loss and negative retained earnings, failing to meet distribution conditions. The plan aims to support the company's transformation and sustainable development.

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Stock Code: 002420 Stock Abbreviation: Yichang Technology Announcement No.: 2026-013

Guangzhou Yichang Technology Co., Ltd. Announcement on the 2025 Profit Distribution Plan

The Company and all members of the Board of Directors guarantee the content of the information disclosure is true, accurate, and complete, and there are no false records, misleading statements, or major omissions.

Special Notice:

  1. The 2025 profit distribution plan of Guangzhou Yichang Technology Co., Ltd. (hereinafter referred to as the "Company") is: no cash dividend distribution, no bonus share issuance, and no capital reserve to share capital conversion.
  2. The Company's 2025 profit distribution plan does not involve any circumstances that may be subject to other risk warnings as stipulated in Article 9.8.1 of the "Shenzhen Stock Exchange Stock Listing Rules".

I. Deliberation Procedures The Company's Sixth Board of Directors' Twenty-Seventh Meeting, held on April 23, 2026, deliberated and approved the "Proposal on the 2025 Profit Distribution Plan". This proposal needs to be submitted for approval by the Company's 2025 Annual Shareholders' Meeting.

II. Basic Situation of the Profit Distribution and Capital Reserve to Share Capital Conversion Plan Audited by Daixin Certified Public Accountants (Special General Partnership), the Company's consolidated net profit attributable to shareholders of listed companies in 2025 was RMB 191,409,341.77. No statutory surplus reserve needs to be withdrawn for 2025. Coupled with the beginning retained earnings of -RMB 673,925,389.20, the distributable profit at the end of the period was -RMB 482,516,047.43. Among them, the Company's (parent company) net profit in 2025 was -RMB 345,863,302.19. Coupled with the beginning retained earnings of -RMB 195,224,908.10, the distributable profit at the end of the period was -RMB 541,088,210.29.

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