Securities Code: 002426 Securities Abbreviation: Victory Precision Announcement No.: 2026-007 Suzhou Victory Precision Manufacturing Technology Co., Ltd. Announcement on Proposed Non-Distribution of Profits for 2025 The Company and all members of the Board of Directors guarantee the content of the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions.
I. Deliberation Procedures Suzhou Victory Precision Manufacturing Technology Co., Ltd. (hereinafter referred to as the "Company" or "Victory Precision") held the 21st meeting of the Sixth Board of Directors on April 24, 2026. The meeting deliberated and passed the "Proposal on the 2025 Profit Distribution Plan." This proposal still needs to be submitted for deliberation by the Company's shareholders' meeting.
II. Basic Situation of the Company's 2025 Profit Distribution Plan According to the audit by Dahua Certified Public Accountants (Special General Partnership), the net profit attributable to shareholders of the listed company in 2025 was -711,423,191.31 yuan, and the net profit of the parent company in 2025 was -318,750,605.30 yuan. As of December 31, 2025, the accumulated undistributed profit in the Company's consolidated statements was -5,357,525,834.46 yuan, and the accumulated undistributed profit in the parent company's statements was -2,725,416,247.20 yuan. In accordance with the "Company Law," "Guiding Opinions of the China Securities Regulatory Commission on Listed Companies' Cash Dividends," and the "Articles of Association," the Company does not meet the conditions for cash dividend distribution in 2025. Based on the above situation, the Board of Directors proposes the 2025 profit distribution plan as follows: No cash dividends will be distributed in 2025, no bonus shares will be issued, and no capital reserves will be converted into share capital.