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Zhejiang Yongtai Technology Co., Ltd. announced its preliminary 2026 interim results forecast for the period 1 January 2026 to 30 June 2026. The company forecasts net profit attributable to shareholders between RMB265.00 million and RMB330.00 million, reflecting a year-over-year growth of 350.68% to 461.22%, and net profit after deducting non-recurring gains and losses between RMB238.00 million and RMB303.00 million (956.82% to 1245.45% growth). Basic earnings per share are forecasted at RMB0.29 to RMB0.36 per share, with these preliminary results being unaudited.
| Date | 30 Jun 2026 |
| Time | 10:16:27 |
| Category | Miscellaneous |
| ID | 3800K |
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