Zhejiang Yongtai Technology Co Ltd.

Quarterly Report • Oct 28, 2025

Zhejiang Yongtai Technology Co., Ltd. 2025 Third Quarterly Report

Important Notice:

• 1. The board of directors, supervisory committee, directors, supervisors, and senior management warrant the truthfulness, accuracy and completeness of the contents of this quarterly report and that there is no false representation, misleading statements contained herein or material omission of this quarterly report, for which they will assume joint and several liabilities.
• 1. The person in charge of the Company, the responsible person for accounting work, and the person in charge of the accounting department (the principal officer of accounting), hereby warrant that the financial statements contained in this quarterly report are true, accurate and complete.
• 1. Whether the third financial accounting quarterly report is audited or not

□Yes ☑ No

I.MAJOR FINANCIAL DATA

(I)Major Accounting Data and Financial Indicators

Whether the Company needs to retroactively adjust or restate accounting data from previous years $\square Yes \square No$

Items	period as compa		decrease in orting period ared with the iod last year	of the year to the		of the year to the end
Operating income (Yuan)	1,419,035,711.31		18.30%	4,028,351	,143.34	20.65%
Net profit attributable to shareholders of the listed company (Yuan)	-26,246,244.63		79.42%	32,553	,949.59	136.23%
Net profit attributable to shareholders of the listed company after deducting non-recurring profits and losses (Yuan)	-29,090,573.95		78.08% -6,570,12		,125.97	93.81%
Net cash flow from operating activities (Yuan)	_		_	310,769,377.10		620.88%
Basic earnings per share (Yuan/share)	-0.028		79.63%	0.035		135.71%
Diluted earnings per share (Yuan/share)	-0.028		79.63%	0.035		135.71%
Weighted average return on net assets	-0.97%	Increase percentag	Increase by 3.09 percentage points		1.21%	Increase by 4.08 percentage points
Items	At the end of this period			f the previous of this compar		ase / decrease at the end this reporting period pared to the end of the ous year
Total assets (Yuan)	11,104,68	,687,604.18 11,190,303,037.06			-0.77%

(II) Non-recurring profit and loss items and amounts

☑ Applicable □Not applicable

Unit: yuan

Items	Amounts for the reporting period	Amounts for the period from the beginning of the year to the end of the reporting period	Notes
Profits and losses from disposal of non-current assets (including the writing-off part of the assets with impairment provision withdrawn)	-901,664.34	-1,633,152.07
Government subsidies included in the current profits and losses (except for those closely related to the Company's normal business operations, in compliance with national policies and regulations, enjoyed according to the determined standards, and have a continuous impact on the Company's profits and losses)	11,044,200.05	33,706,310.43
The profits and losses from changes in fair value arising from the holding of financial assets and financial liabilities as well as the profits and losses arising from the disposal of financial assets and financial liabilities by non-financial enterprises, except for the effective hedging business related to the normal operation of the Company.	5.67	2,463,288.93
Non-operating income and expenses other than those mentioned above	-5,331,534.09	14,893,256.91
Less: amount impacted of income tax	2,283,164.88	6,520,021.71
Amount impacted of minority shareholders' equity (after tax)	-316,486.91	3,785,606.93
In total	2,844,329.32	39,124,075.56

Specific situation of other profit and loss items that satisfy the definition of non-recurring profit and loss:

□Applicable ☑ Not applicable

There was no specific situation of other profit and loss items that satisfy the definition of non-recurring profit and loss in the Company.

Explanation of the circumstances in which the non-recurring profit and loss items listed in the Explanatory Announcement No. 1 on Information Disclosure by Public Issuers of Securities — Non-recurring Profit and Loss Items (《公开发行证券的公司信息披露解释性公告第 1 号——非经常性损益》) are defined as recurring profit and loss items.

□Applicable ☑ Not applicable

There was no circumstance of non-recurring profit and loss items listed in the Explanatory Announcement No. 1 on Information Disclosure by Public Issuers of Securities - Non-recurring Profit and Loss Items are defined as recurring profit and loss items in the Company.

(III) Changes in major accounting data and financial indicators and reasons for such changes

☑Applicable □ Not applicable

From January to September 2025, the Company achieved operating revenue of RMB4.028 billion, representing a year-on-year increase of 20.65%. During the Reporting Period, as new production capacity at subsidiaries including Inner Mongolia Yongtai and Yongtai New Energy was gradually released, both core business segments, plant protection and lithium battery materials, achieved steady growth in production and sales scale, of which the revenue of the plant protection segment increased by 39.77% year-on-year, while the lithium battery and other materials segment recorded a significant revenue surge of 112.09%. Driven by continuously improving capacity utilization rates, economies of scale gradually materialized, propelling growth in gross

profit margins for related businesses.The pharmaceutical segment recorded a 30.62% year-on-year decrease in operating revenue due to market share contraction caused by patent expirations of original research drugs for certain clients and downward pricing pressure from intensified industry competition, resulting in temporary performance pressure for the segment. In response, the Company adopted a "dual-drive" strategy: on one hand, it continuously enhanced the overall competitiveness of existing businesses by integrating industrial chain resources and optimizing cost structures; on the other hand, it actively expanded into new markets, strengthened sales channel development, and cultivated new business growth points.

In 2025, the Company continued to advance its cost reduction and efficiency enhancement initiatives. Although quarterly profits experienced slight fluctuations due to factors such as market price volatility of products and raw materials, and routine production line maintenance, overall operations remained stable with improved profitability. Specifically, net profit attributable to shareholders ofthe parent company after deducting non-recurring gains and losses for the first three quarters reached RMB-6.5701 million, narrowing the loss by RMB99.6339 million compared to the same period last year. Before deducting non-recurring gains and losses, net profit attributable to shareholders ofthe listed company was RMB32.5539 million, achieving a turnaround from a loss ofRMB-89.8584 million in the same period last year.

Looking ahead, the Company will closely monitor market environment changes and dynamically optimize its operational strategies. Through continuous refinement of product structure, intensified market expansion efforts, strengthened cost control, and enhanced employee incentive mechanisms, the Company will steadily improve operational efficiency, enhance business performance, and boost overall profitability to create greater value for shareholders. Meanwhile, the Company will continue to actively fulfill its social responsibilities, driving sustainable development for both the Company and the industry.

1、Explanation of reasons for changes in balance sheet items exceeding 30%

Items	Percentage change	Reasons for change
Cash at bank and on hand	-47.06%Mainly	attributable to an increase in cash outflows from investing activities and repayments ofbank borrowings during the Reporting Period;
Financial assets held for trading	-98.34%Mainly	attributable to no purchase of wealth management products during the Reporting Period;
Receivables financing	-31.55%Mainly	attributable to a higher volume of notes receivable settlements during the Reporting Period;
Prepayments	82.81%Mainly	attributable to an increase in the scale of operations during the Reporting Period, resulting in an increase in prepayments for raw materials;
Right-of-use assets	-34.22%Mainly	attributable to an increase in the accumulated depreciation of right-of- use assets during the Reporting Period;
Long-term deferred expenses	-35.22%Mainly	attributable to an increase in the accumulated amortization during the Reporting Period;
Held-for-trading financial liabilities	116.37%Mainly	attributable to changes in exchange rates of forward settlements during the Reporting Period;
Accounts payable	31.77%Mainly	attributable to an increase in the scale of operations during the Reporting Period, resulting in an increase in accounts payable to suppliers;
Contract liabilities	-80.05%Mainly	attributable to a decrease in advance payments received during the Reporting Period;
Employee benefits payable	-55.14%Mainly	attributable to the payment of year-end bonuses of the last year during the Reporting Period;

Other payables	60.89%	Mainly attributable to an increase in other payables due during the Reporting Period;
Long-term borrowings	-33.30%	Mainly attributable to the repayment of long-term borrowings during the Reporting Period;
Long-term payables	-64.63%	Mainly attributable to a decrease in finance leases during the Reporting Period.

2. Explanation of reasons for changes in income statement items exceeding 30%

Items	Percentage change	Reasons for change
Other income	39.32%	Mainly attributable to the receipt of additional government subsidies during the Reporting Period;
Investment income	-38.45%	Mainly attributable to a year-on-year decrease in gains from the disposal of financial assets held for trading and income from long-term equity investments during the Reporting Period;
Gains from changes in fair values	-343.36%	Mainly attributable to changes in exchange rates of forward settlements during the Reporting Period;
Impairment losses of credit	234.74%	Mainly attributable to the decrease in impairment losses of credit resulted from intensified collection efforts for long-aged accounts receivable during the Reporting Period;
Impairment losses of assets	100.00%	Mainly attributable to the reversal and write-off of inventory impairment during the Reporting Period;
Gains from disposal of assets	97.83%	Mainly attributable to the significant loss incurred from the disposal of a patent during the same period last year;
Non-operating income	72.34%	Mainly attributable to the clearance and write-off of long-term accounts payable that had been outstanding beyond the prescribed period during the Reporting Period;
Income tax expenses	-88.89%	Mainly attributable to a decrease in deferred income tax expense arising from bad debt provisions and losses during the Reporting Period;
Net profit	129.48%	Mainly attributable to an increase in sales revenue during the Reporting Period.

3. Explanation of reasons for changes in cash flow statement items exceeding 30%

Items	Percentage change	Reasons for change
Net cash flows from operating activities	620.88%	Mainly attributable to an increase in cash inflows from sales and the release of funds frozen due to litigation during the Reporting Period;
Net cash flows from financing activities	-163.87%	Mainly attributable to the repayment of bank borrowings during the Reporting Period.

II. SHAREHOLDER INFORMATION

(I)Table of the total number of ordinary shareholders and number of preference shareholders with voting rights restored and shareholdings of the top 10 shareholders

Unit: Share

Total number of ordinary sha at the end of the reporting per	107,705	Total number of preference shareholders with voting rights restored as at the end of the reporting period (if any)		Nil
Shareholdings of the top 10 shareholders(excluding the shares lent through refinancing)
Name of shareholder	Nature of shareholders		Percentage of		of	Number of shares held subject to	Shares pledged, marked or frozen
			shareholding	shares held		selling restrictions	Status of shares	Quantity
Wang Yingmei	Domestic na	tural person	15.59%	144,248,400		108,186,300	Pledge	64,012,000
He Renbao	Domestic na	tural person	12.04%	111,400,000		0	Pledge	47,726,000
Zhejiang Yongtai Holdings Co., Ltd.	Domestic owned legal	non-state- person	1.39%	12,887,500		0	Pledge	12,887,500
Hong Kong Securities Clearing Co., Ltd.	Overseas leg	gal person	1.32%	12,239,514		0	Not applicable	0
Huatai Securities Co., Ltd	State-owned	legal person	1.09%	10,079,895		0	Not applicable	0
Yu Lan	Domestic na	tural person	0.70%	6,523,000		0	Not applicable	0
China Merchants Bank Co., Ltd CSOP CSI 1000 Exchange-Traded Open- Ended Index Securities Investment Fund	Others		0.64%	5,921,400		0	Not applicable	0
CITIC Securities Asset Management (Hong Kong) Limited - Client Funds	Overseas leg	gal person	0.56%	5,216,102		0	Not applicable	0
Shanghai Axing Investment Management Co., Ltd Axing Gezhi No.12 Private Equity Investment Fund	Others		0.49%	4,530,000		0	Not applicable	0
China Merchants Securities International Company Limited - Client Funds	Overseas leg	gal person	0.40%	3,701,988		0	Not applicable	0
Shareholdings of the top	o 10 sharehold	lers not subjec	t to selling restrict	ions(excluding	shares	s lent through refinanci	ng, shares held	by senior
		,	management u	, -		· ·	.	•
		7	Number of circu	lating shares	Type	e and number of shares
Name of shareholders			neld not subject	-	171
			restrictions Ty		Тур	Type of shares		Quantity
Wang Yingmei		-	111,400,000 RMB denominated ordinar		shares 1	11,400,000
He Renbao			36,062,100 RMB denominated ordinar		•		6,062,100
Zhejiang Yongtai Holdings C	o., Ltd.		12,887,500				2,887,500
Hong Kong Securities Clearing			12,239,514				2,239,514
Huatai Securities Co., Ltd	٠٠, عود		10,079,895		RMB denominated ordinary shares			0,079,895
Yu Lan			5,523,000			B denominated ordinary		,523,000
China Merchants Bank Co., Ltd CSOP CSI 1000			- / /	Kivib denominated ordinar				)
Exchange-Traded Open-Ended Index Securities Investment Fund			5,921,400		RMI	MB denominated ordinary shares 5,		,921,400
CITIC Securities Asset Management (Hong Kong) Limited - Client Funds			5,216,102 RMB denominated ordina		B denominated ordinary	shares 5	,216,102
Shanghai Axing Investment Management Co., Ltd Axing Gezhi No.12 Private Equity Investment Fund			4,530,000 RMB denom		B denominated ordinary	shares 4	,530,000
	China Merchants Securities International Company			RMB denominated ordinary sha		shares 3	,701,988
Explanation on the related relationship or concerted action of the above-mentioned Mr. He Renbao, Ms. Wang Yingmei, Zhejiang Yongtai Holdings Co., Ltd. and Shanghai Axing Investment Management Co., Ltd. – Axing Gezhi No.12 Private Equity Investment Fund are parties

shareholders	acting in concert. Among them, Mr. He Renbao and Ms. Wang Yingmei are spouses,who collectively
	held 100% equity interest in Zhejiang Yongtai Technology Holdings Co., Ltd., and Mr. He Kuang, the
	son of Mr. He Renbao and Ms. Wang Yingmei, held 100% equity interest in Shanghai Axing Investment
	Management Co., Ltd. – Axing Gezhi No.12 Private Equity Investment Fund.
	Moreover, the Company is not aware of any related relationship among other shareholders or whether
	they are parties acting in concert.
Explanation on the top ten shareholders	6,523,000 shares were held by Yu Lan through an investor credit securities account; 4,530,000 shares
participating in securities margin trading	were held by Shanghai Axing Investment Management Co., Ltd. - Axing Gezhi No.12 Private Equity
business (if any)	Investment Fund through an investor credit securities account.

	Participation in securities lending by shareholders holding more than 5%, the top 10 shareholders, and the top 10 unrestricted circulating shareholders
□	Applicable		Not applicable
	Changes among the top 10 shareholders and the top 10 unrestricted circulating shareholders due to securities lending/repayment compared to the previous period
□	Applicable		Not applicable

(II)Table of the total number of preference shareholders and shareholdings of the top 10 preference shareholders of the company

□Applicable Not applicable

III.OTHER IMPORTANT MATTERS

Applicable □ Not applicable

• 1. During the Reporting Period, Jiujiang Tinci Materials Co., Ltd. (九江天賜高新材料有限公司) filed a lawsuitagainst the Company and its controlled subsidiary Shaowu Yongtai Hi-tech Material Co., Ltd.(邵武永太高新材料有限公司 hereinafter referred to as"Yongtai Hi-Tech"), among twelve defendants, over trade secret infringement, which involves economic losses of RMB887.1 million (including five times punitive damages) and attorney fees ofRMB1.15 million. Subsequently, the Company and Yongtai High-Tech Material filed a lawsuitagainst Guangzhou Tinci Materials Co., Ltd. (广州天賜高新材料股份有限公司) for infringement of reputation rights, with the total amount involved of RMB57,519,291. For details, please referto the relevant announcements published by the Company on Securities Times, China Securities Journal, Shanghai Securities News, Securities Daily and the Securities Times and Cninfo (http://www.cninfo.com.cn) on 3 July 2025, 4 July2025, and 15 July 2025.
• 1. During the Reporting Period, the Company elected the seventh session of the Board of Directors and completed the appointment process of senior management. For details, please refer to the relevant announcements published by the Company on Securities Times, China Securities Journal, Shanghai Securities News, Securities Daily and the Securities Times and Cninfo (http://www.cninfo.com.cn) on 12 July 2025 and 29 July 2025.
• 1. During the Reporting Period, the Company processed the unlocking matters for 298 participants of the restricted shares incentive scheme who met the conditions for the first unlocking period of the 2024 Restricted Shares Incentive Scheme. The 4,454,841 restricted shares eligible for unlocking were listed for trading on 12 August 2025. Meanwhile, the Company repurchased and canceled 273,159 restricted shares that did not meet the unlocking conditions during the first unlocking period of the 2024 Restricted Shares Incentive Schem. For details, please refer to the relevant announcements published by the Company on Securities Times, China Securities Journal, Shanghai Securities News, Securities Daily and the Securities Times and Cninfo (http://www.cninfo.com.cn) on 1 August 2025, 8 August 2025, and 22 August 2025.

• To further deepen its strategic layout, the Company jointly invested with Mr. Gao Yue and Mr. Wang Bingjie to establish the joint venture Shanghai Yongtai Xinfu New Materials Co., Ltd. (上海永太芯氟新材料有限公司) during the Reporting Period. For details, please refer to the relevant announcements published by the Company on Securities Times, China Securities Journal, Shanghai Securities News, Securities Daily and the Securities Times and Cninfo (http://www.cninfo.com.cn) on 10 September 2025.

IV.QUARTERLY FINANCIAL STATEMENTS

(I) Financial Statements

1、Consolidated Balance Sheet

Prepared by: Zhejiang Yongtai Technology Co., Ltd.

30 September 2025

		Unit: yuan
Item	Period-ending balance	Balance at the beginning of the period
Current assets:
Monetary funds	391,357,997.10	739,281,281.26
Deposit reservation for balance
Lending funds
Transactional financial assets	186,290.02	11,193,712.61
Derivative financial assets
Notes receivable	229,505,595.50	288,640,096.57
Accounts receivable	1,436,654,279.33	1,275,457,219.97
Receivables financing	24,212,944.48	35,371,299.21
Advance payment	178,883,050.32	97,849,701.58
Premium receivable
Reinsurance receivables
Reinsurance contract reserves receivable
Other receivables	55,057,373.22	49,420,473.48
Of which: Interest receivable
Dividend receivable
Purchase of resale financial assets
Inventories	1,093,409,679.91	987,727,619.21
Of which: Data resources
Contract assets
Assets held for sale	599,943.92	599,943.92
Non-current assets due within one year
Other current assets	154,614,154.69	175,078,069.63
Total current assets	3,564,481,308.49	3,660,619,417.44
Non-current assets:
Loans and advances issued
Debt investment
Other debt investments

Item	Period-ending balance	Balance at the beginning of the period
Long-term receivables
Long-term equity investment	250,028,304.28	239,543,841.46
Investment in other equity instruments	87,119,654.31	87,119,654.31
Other non-current financial assets
Real estate for investment purposes	17,751,711.35	18,697,548.83
Fixed assets	3,927,265,030.98	4,116,308,693.91
Construction in progress	1,640,081,317.54	1,484,952,659.78
Productive biological assets
Oil and gas assets
Right of use assets	3,700,000.96	5,624,982.82
Intangible assets	490,004,664.66	497,640,226.66
Of which: Data resources
Development expenditure	39,368,989.95	46,410,879.43
Of which: Data resources
Goodwill	600,936,834.86	600,936,834.86
Long-term deferred expenses	9,869,021.98	15,234,987.64
Deferred income tax assets	349,669,322.50	320,980,687.47
Other non-current assets	124,411,442.32	96,232,622.45
Total non-current assets	7,540,206,295.69	7,529,683,619.62
Total assets	11,104,687,604.18	11,190,303,037.06
Current liabilities:
Short-term loan	1,952,449,880.35	1,744,714,985.76
Borrowings from the Central Bank
Borrowing funds
Transaction financial liabilities	1,324,568.51	612,182.86
Derivative financial liabilities
Notes payable	565,061,517.85	527,104,875.68
Accounts payable	1,577,074,460.75	1,196,828,277.94
Advance payment
Contractual liabilities	85,560,539.97	428,776,934.50
Financial assets sold for repurchase
Savings absorption and interbank
deposits
Acting trading securities
Acting underwriting securities
Remuneration payable to employees	33,887,972.46	75,541,742.23
Taxes payable	28,291,131.71	34,628,129.64
Other payables	252,863,794.84	157,162,310.51
Of which: Interest payable
Dividend payable
Handling charges and commissions payable

Item	Period-ending balance	Balance at the beginning of the period
Accounts payable reinsurance
Liabilities held for sale
Non-current liabilities due within one year	1,601,670,896.42	1,387,996,693.92
Other current liabilities	909,148,607.99	1,000,054,643.57
Total current liabilities	7,007,333,370.85	6,553,420,776.61
Non-current liabilities:
Provision for insurance contracts
Long-term loan	941,523,225.19	1,411,479,225.22
Bonds payable
Of which: Preferred shares
Perpetual debt
Lease liabilities	2,957,619.47	2,733,644.64
Long-term payables	68,711,181.24	194,265,777.17
Long-term remuneration payable to employees
Estimated liabilities
Deferred benefits	182,880,500.76	177,654,064.24
Deferred income tax liabilities	6,902,618.97	7,583,436.72
Other non-current liabilities
Total non-current liabilities	1,202,975,145.63	1,793,716,147.99
Total liabilities	8,210,308,516.48	8,347,136,924.60
Owner's equity:
Capital stock	925,400,795.00	925,400,795.00
Other equity instruments
Of which: Preferred shares
Perpetual debt
Capital reserves	701,409,373.66	681,527,776.74
Less: treasury shares	49,536,000.00	50,052,000.00
Other comprehensive incomes	21,171,302.79	20,060,026.29
Special reserves	9,627,098.81	10,475,162.65
Surplus reserves	218,347,987.76	218,347,987.76
General risk provision
Retained earnings	898,063,314.54	865,509,364.95
Total owner's equity attributable to the parent company	2,724,483,872.56	2,671,269,113.39
Equity of minority shareholders	169,895,215.14	171,896,999.07
Total owner's equity	2,894,379,087.70	2,843,166,112.46
Total liabilities and owner's equity	11,104,687,604.18	11,190,303,037.06

Legal representative: Wang Yingmei Person in charge of accounting work: Ying Yangfeng Head of accounting agency: Ni Xiaoyan

2. Consolidated income statement from the beginning of the year to the end of the reporting period

Unit: yuan

Item	Amount incurred in the current period	Incurred amount during the previous period
I. Total operating income	4,028,351,143.34	3,338,764,469.83

Item	Amount incurred in the current period	Incurred amount during the previous period
Of which: Operating income	4,028,351,143.34	3,338,764,469.83
Interest income
Premium earned
Incomes for handling charges and commissions
II. Total operating cost	4,068,933,012.77	3,476,214,865.44
Including: Operating costs	3,350,061,753.52	2,750,572,856.12
Interest expenses
Expenditures for handling charges and commissions
Surrender value
Net amount of compensation expenses
Net insurance liability reserve withdrawn
Policyholder dividend expense
Reinsurance expenses
Taxes and surcharges	24,775,785.79	28,785,113.31
Marketing expenses	94,202,852.56	77,104,459.42
Management expenses	395,115,121.38	431,759,375.09
R&D expenses	87,910,255.15	84,528,878.86
Financial expenses	116,867,244.37	103,464,182.64
Of which: Interest expense	112,143,065.91	121,208,209.47
Interest income	6,708,477.94	15,155,977.18
Plus: Other income	31,595,110.43	22,677,525.59
Income from investment (loss expressed with "-")	17,334,928.52	28,163,730.54
Of which: investment benefits to the associated enterprise and joint venture	10,484,462.82	18,836,064.61
Income from derecognition of financial assets measured at amortized cost
Exchange gain (loss expressed with "-")
Net exposure hedging income (loss expressed with "-")
Gains from changes in fair value (loss expressed with "-")	-758,533.70	311,698.00
Credit impairment loss (loss expressed with "-")	2,677,446.17	-1,987,089.63
Asset impairment loss (loss expressed with "-")	5,550,999.97
Gains from disposal of assets (loss expressed with	-297,115.01	-13,700,706.20
III. Operating profit (loss expressed with "-")	15,520,966.95	-101,985,237.31
Plus: non-operating income	22,333,178.32	12,958,519.12
Less: non-operating expenses	6,664,758.47	6,098,862.99
IV. Total profit (total loss expressed with "-")	31,189,386.80	-95,125,581.18
Less: income tax expense	860,748.41	7,748,435.35
V. Net profit (net loss expressed with "-") (I) Classification by business continuity	30,328,638.39	-102,874,016.53

Item	Amount incurred in the current period	Incurred amount during the previous period
1. Net profit from going concern (net loss expressed with "-")	23,663,209.70	-104,475,722.84
2. Net profit from discontinued operations (net loss expressed with "-")	6,665,428.69	1,601,706.31
(II) Classification by ownership
1. Net profit attributable to shareholders of the parent company (net loss expressed with "-")	32,553,949.59	-89,858,428.78
2. Minority shareholders' profits and losses (net loss expressed with "-")	-2,225,311.20	-13,015,587.75
VI. Net after-tax amount of other comprehensive incomes	1,111,276.50	2,742,819.86
Net after-tax amount of other comprehensive income attributable to the owner of the parent company	1,111,276.50	2,742,819.86
(I) Other comprehensive incomes not to be reclassified into profits and losses	0.00	-15,909,067.77
Remeasurement of changes in defined benefit plans
2. Other comprehensive income that cannot be transferred to profits and losses under equity method		-15,909,067.77
3. Changes in fair value of other equity instrument
4. Changes in fair value of enterprise's own credit
risk
5. Others
(II) Other comprehensive incomes to be reclassified	1,111,276.50	18,651,887.63
into profits and losses	1,111,270.00	10,021,007.03
1. Other comprehensive income that can be
transferred to profits and losses under equity method
2. Changes in fair value of other debt investments
3. Amount of financial assets reclassified into
other comprehensive income
4. Provision for credit impairment of other debt investments
5. Cash flow hedging reserve
6. The balance arisen from the translation of
foreign currency financial statements	1,111,276.50	18,651,887.63
7. Others
Net after-tax amount of other comprehensive income
attributable to minority shareholders
VII. Total comprehensive income	31,439,914.89	-100,131,196.67
(I)Total comprehensive incomes attributable to the
parent company's owners	33,665,226.09	-87,115,608.92
(II)Total comprehensive incomes attributable to	-2,225,311.20	-13,015,587.75
minority shareholders	_,,	12,012,207.70
VIII. Earnings per share:
(I) Basic earnings per share	0.035	-0.098
(II) Diluted earnings per share	0.035	-0.098

In the event of a business combination under the same control during the current period, the net profit realized by the party to be combined before the combination was: RMB0.00, and the net profit realized by the party to be combined during the previous period was: RMB0.00.

Legal representative: Wang Yingmei Person in charge of accounting work: Ying Yangfeng Head of accounting agency: Ni Xiaoyan

3. Consolidated cash flow statement from the beginning of the year to the end of the reporting period

Unit: yuan

Item	Amount incurred in the current period	Incurred amount during the previous period
I. Cash flow from operating activities:
Cash received from sales of goods or rendering of labor services	2,276,109,591.54	1,704,245,060.97
Net increase in customer bank deposits and interbank deposits
Net increase in borrowing from the Central Bank
Net increase in loans from other financial institutions
Cash received from premiums obtained from original insurance contracts
Net cash received from reinsurance business
Net increase of policy holder deposits and investment funds
Cash received from interests, handling charges and commissions
Net increase in borrowing funds
Net increase in repurchase business capital
Net cash received from agency purchases and sales of securities
Refunds of taxes	130,482,678.90	119,572,121.87
Other cash received related to operating activities	56,507,717.62	60,336,207.12
Sub-total of cash inflows from operating activities	2,463,099,988.06	1,884,153,389.96
Cash payments for purchasing goods and receiving labor services	1,359,536,913.16	1,284,205,806.28
Net increase in customer loans and advances
Net increase of deposits in the Central Bank and other financial institutions
Cash payments for original insurance contract claims
Net increase in lending funds
Cash payments for interests, handling charges and commissions
Cash payments for the policyholder dividends
Cash paid to and on behalf of employees	350,471,875.41	335,601,233.17
All types of taxes paid	79,626,823.46	78,718,982.82
Other cash payments related to operating activities	362,694,998.93	245,289,899.51
Sub-total of cash outflows from operating activities	2,152,330,610.96	1,943,815,921.78
Net cash flow from operating activities II. Cash flow from investment activities:	310,769,377.10	-59,662,531.82
Cash received from investment recovery	17,256,941.00	105,578,978.81
Cash received from returns on investments	3,628,643.07	3,425,642.01
Net cash received from disposal of fixed assets,	58,735.54	996,704.03
intangible assets & other long-term assets	30,733.34	770,704.03
Net cash received from the disposal of subsidiaries and other business entities
Other cash received relating to investment activities
Sub-total of cash inflows from investment activities	20,944,319.61	110,001,324.85
Cash paid to acquire fixed assets, intangible assets & other long-term assets	380,238,842.19	379,805,483.73

Item	Amount incurred in the current period	Incurred amount during the previous period
Cash paid to acquire investments	6,230,000.00	83,649,640.00
Net increase in pledge loans
Net cash payments for the acquisition of
subsidiaries and other business entities
Other cash payments related to investing activities
Sub-total of cash outflows from investment activities	386,468,842.19	463,455,123.73
Net cash flow from investing activities	-365,524,522.58	-353,453,798.88
III. Cash flow from financing activities:
Cash received from capital contributions		50,052,000.00
Of which: cash received from minority
shareholders' investment in subsidiaries
Cash received from borrowings	2,451,866,849.90	2,314,501,334.44
Other cash received related to financing activities	255,435,200.00	339,000,000.00
Sub-total of cash inflows from financing activities	2,707,302,049.90	2,703,553,334.44
Cash payments for debt repayment	2,423,319,299.99	2,460,557,527.29
Cash payments for distributing dividends, profits or paying interest	127,973,711.64	137,055,367.88
Of which: share dividends and profits paid to minority shareholders by subsidiaries
Other cash payments related to financing activities	217,284,842.62	10,000,000.00
Sub-total of cash outflows from financing activities	2,768,577,854.25	2,607,612,895.17
Net cash flow from financing activities	-61,275,804.35	95,940,439.27
IV. Impact of currency fluctuation on cash and cash equivalents	7,115,829.30	5,674,190.40
V. Net increase in cash and cash equivalents	-108,915,120.53	-311,501,701.03
Plus: Cash and cash equivalents balance at the beginning of the period	213,923,592.02	551,577,688.10
VI. Cash and cash equivalents balance at the end of the period	105,008,471.49	240,075,987.07

(II) The information of the adjusting items related to the financial statements at the beginning of the year of first implementation due to the first implementation of new accounting standards from 2025.

Adjustment description

□Applicable ☑ Not applicable

(III) Audit Report

Whether the third financial accounting quarterly report is audited or not $\Box Yes \ \ \square No$

The third financial accounting quarterly report was not audited.

Board of Directors

Zhejiang Yongtai Technology Co., Ltd.

Date of approval for reporting by the Board of Directors: 28 October 2025