ZHEJIANG YONGTAI TECHNOLOGY CO., LTD.
(GDR under the symbol: "YTT")
(a joint stock company established under the laws of the People's Republic of China with limited liability)
Preliminary 2026 Interim Results Forecast
I. Preliminary Results for the Current Period
1. Period for the estimated results: 1 January 2026 to 30 June 2026
2. Estimated results: Increase over last year
Item Current reporting period Corresponding period last year | Net profit attributable to the shareholders of the listed company Profit: RMB265.00million -RMB330.00 million Profit: RMB58.8002 million | Year-over-year growth: 350.68% to 461.22% | Net profit after deducting non-recurring gains and losses Profit: RMB238.00 million-RMB303.00 million Profit: RMB22.5204 million | Year-over-year growth: 956.82% to 1245.45% | Basic earnings per share Profit: RMB0.29/share - RMB0.36/share Profit: RMB0.06/share |
II. Communication with Accounting Firm
The financial data related to this preliminary results has not been audited by the accounting firm.
III. Explanation for the Changes in Results
During the reporting period, driven by the rapid growth in demand from the new energy vehicle and energy storage markets, the Company experienced year-on-year increases in both sales volume and prices of its core lithium battery material products, namely lithium hexafluorophosphate, lithium bis(fluorosulfonyl)imide (LiFSI), vinylene carbonate (VC), and electrolytes. Concurrently, the 5,000 tons/year VC production capacity newly commissioned at the end of 2025 was steadily released. These two growth drivers collectively contributed to the expansion of the Company's revenue scale and the sustained improvement of its operating performance, resulting in a year-on-year increase in overall results.
IV. Other Relevant Explanation
This preliminary result is based on the estimation of the Finance Department of the Company, and the specific financial data is subject to the 2026 interim report to be disclosed by the Company. Investors are kindly advised to make cautious decisions and pay attention to investment risks.
The Board of Directors
Zhejiang Yongtai Technology Co., Ltd.
30 June 2026
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. END MSCMZGFVLGDGVZG