Shenzhen Youyou Green Energy Co., Ltd. (hereinafter referred to as "the Company") 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.
Special Reminder: The Company's reappointment of the accounting firm complies with the regulations set forth in the "Management Measures for the Selection of Accounting Firms by State-owned Enterprises and Listed Companies" issued by the Ministry of Finance of the People's Republic of China, the State-owned Assets Supervision and Administration Commission of the State Council, and the China Securities Regulatory Commission (Cai Kuai [2023] No. 4).
On April 14, 2026, the Company held the eighth meeting of the second board of directors, where the proposal on the appointment of the audit institution for the year 2026 was reviewed and approved. The board agreed to reappoint Grant Thornton (Special General Partnership) (hereinafter referred to as "Grant Thornton") as the audit institution for the Company's financial report and internal control audit for the year 2026, and proposed to authorize the board of directors to determine the audit fees for 2026 based on the specific workload and market price levels. The relevant matters are announced as follows:
1. Explanation of the Reappointment of the Accounting Firm
Grant Thornton is a qualified accounting firm with securities and futures-related business qualifications, possessing the experience and professional capability to provide audit services for listed companies. During its service period, Grant Thornton adhered to independent, objective, and fair professional standards, diligently fulfilling its responsibilities and strictly performing the obligations stipulated in the business agreement, completing the Company's audit work with quality and quantity. Due to the good cooperation between both parties, the Company intends to reappoint Grant Thornton as the audit institution for the year 2026, responsible for the annual financial statement audit and internal control audit, with a term of one year, effective from the date of approval by the shareholders' meeting. This proposal is subject to approval by the Company's 2025 annual shareholders' meeting, and the board of directors will be authorized to determine the audit fees for 2026 based on the specific workload and market price levels.