301590SZSE

Announcement on Estimated Daily Related Transactions for the Year 2026

✨ AI Summary

This announcement outlines the expected daily related transactions between Shenzhen Youyou Green Energy Co., Ltd. and ABB Ltd. for 2026, with a total estimated amount not exceeding RMB 50 million. The transactions primarily involve the sale of charging modules. The board of directors has approved the proposal, which does not require shareholder approval. The transactions are deemed necessary for the company's operations and will not adversely affect its independence or financial health.

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Full Translation

AI Translation· azure_openai

Shenzhen Youyou Green Energy Co., Ltd. and all members of the board of directors guarantee that the content of this announcement is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

I. Basic Information on Daily Related Transactions

(1) Overview of Daily Related Transactions

ABB E-mobility AG is a shareholder of Shenzhen Youyou Green Energy Co., Ltd. (hereinafter referred to as "the Company" or "Youyou Green Energy") holding more than 5% of the shares, and ABB Ltd indirectly holds more than 5% of the shares of the Company. Due to transactions between certain enterprises controlled by ABB Ltd and the Company, ABB Ltd and its controlled companies are considered related parties of the Company based on the principle of substance over form. The Company expects to engage in commodity transactions with ABB Ltd and its controlled companies in 2026, with a total amount not exceeding RMB 50 million. The main content of the related transactions with ABB Ltd and its controlled companies involves the sale of charging modules produced by the Company, with specific transaction amounts and content subject to actual contracts signed. On April 14, 2026, the Company held the eighth meeting of the second board of directors, which reviewed and approved the proposal on the estimated daily related transactions for 2026. This proposal has been reviewed and approved by the audit committee of the board of directors and has received majority consent from all independent directors in a special meeting. According to the "Shenzhen Stock Exchange GEM Stock Listing Rules," "Articles of Association," and "Related Transaction Decision-Making System," this estimated related transaction falls within the approval authority of the board of directors and does not require submission to the shareholders' meeting for approval.

(2) Estimated Categories and Amounts of Daily Related Transactions for 2026

Related Transaction CategoryRelated PartyRelated Transaction ContentPricing PrincipleEstimated Amount for 2026 (10,000 RMB)
Sale of goods and provision of servicesABB Ltd and its controlled companiesSale of charging modules, procurement of electronic componentsFair pricing based on market pricesNot exceeding 5,000.00

Note: The daily related transactions between the Company and ABB Ltd and its controlled companies can be internally adjusted according to actual circumstances within the relevant related transaction limits, with specific transaction amounts and content subject to actual contracts signed.

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