Core Viewpoint - Yongtai Technology expects to achieve operating revenue of 5 to 5.5 billion yuan in 2025, with a net profit loss of 25.6 to 48.6 million yuan, significantly narrowing the loss compared to 478 million yuan in the previous year [1] Group 1: Financial Performance - The company anticipates a substantial increase in sales and prices of its core lithium battery materials due to the rapid release of demand in the new energy vehicle and energy storage industries [1] - The gross profit from the main business is expected to grow significantly, becoming the core driver for the company's reduced losses [1] - The anticipated loss for 2025 represents a reduction of 91.44% to 95.72% compared to the previous year's loss [1] Group 2: External Factors - The company faces increased exchange losses due to fluctuations in the US dollar exchange rate, which negatively impacts the current profit level [1] - The adherence to previously signed low-price long-term contracts for certain lithium battery materials also affects profitability [1] Group 3: Future Outlook - Looking ahead to 2026, the company plans to focus on its core business, enhance market development, optimize customer structure, and implement cost reduction and efficiency improvement measures [1] - The company aims to improve profit quality and risk resistance capabilities, driving steady improvement in operational conditions [1]

证券代码：002326 证券简称：永太科技 公告编号：2026-005 浙江永太科技股份有限公司 关于为子公司提供担保的进展公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 一、担保情况概述 浙江永太科技股份有限公司（以下简称"公司"）经 2025 年 5 月 19 日召开 的 2024 年年度股东大会审议通过，同意公司对纳入合并报表范围内的部分子公 司提供累计总额不超过人民币 430,000 万元的担保，该担保额度可循环使用，即 为其向国内各类银行及其他机构的融资（包括但不限于人民币/外币贷款、银行 承兑、信用证开证、进出口押汇、打包贷款、银行保函、融资租赁等）提供连带 责任保证。其中对资产负债率未超过 70%的部分子公司提供担保额度不超过 200,000 万元，对资产负债率超过 70%的部分子公司提供担保额度不超过 230,000 万元。担保额度可在子公司之间进行调剂，但在调剂发生时，资产负债率超过 70%的担保对象，仅能从资产负债率超过 70%的担保对象处获得担保额度。担保 方式包括但不限于保证、抵押、质押，具体担保金额及保证期间按具体合同约定 执行 ...

Group 1 - The company expects a net profit in 2025 to be negative, indicating a challenging financial outlook for the year [1] - The company anticipates a significant reduction in losses for 2025, with a projected decrease of approximately 40,587 to 42,487 million yuan, representing a narrowing of losses by 91.44% to 95.72% [2] - The improvement in operational efficiency is driven by a rapid increase in demand for new energy vehicles and energy storage, leading to a substantial rise in sales and prices of core lithium battery materials [2] Group 2 - The company has communicated with its auditing firm regarding the performance forecast, and there are no significant disagreements on the forecasted results [1][2] - The company plans to focus on its core business and enhance market development and customer structure optimization to improve profitability and risk resistance in 2026 [2] - The financial data presented in the performance forecast is preliminary and will be finalized in the company's annual report for 2025 [3]

Core Viewpoint - Yongtai Technology (002326) is expected to significantly reduce its net loss for the fiscal year 2025, driven by increased demand in the new energy and energy storage sectors, despite facing some challenges from currency fluctuations and low-price long-term orders [1] Financial Performance - As of January 29, 2026, Yongtai Technology's stock closed at 27.52 yuan, down 4.41% from the previous trading day, with a total market capitalization of 25.46 billion yuan [1] - The company anticipates a net loss attributable to shareholders of between 25.6 million yuan and 48.6 million yuan for 2025, a significant improvement from the previous year's loss of 478.354 million yuan [1] - The expected net loss after excluding non-recurring gains and losses is projected to be between 19 million yuan and 38 million yuan, representing a year-on-year reduction of approximately 405.87 million to 424.87 million yuan, or a decrease of 91.44% to 95.72% [1] - Estimated operating revenue for 2025 is expected to be between 5 billion yuan and 5.5 billion yuan, indicating growth compared to the previous year [1] Market Dynamics - The improvement in performance is primarily attributed to the release of demand in the new energy and energy storage industries, which has led to an increase in sales and prices of lithium battery materials, resulting in higher gross margins for the main business [1] - However, the company faces pressure on profitability due to increased exchange losses from fluctuations in the US dollar exchange rate and the impact of executing some low-price long-term orders [1]

Core Viewpoint - The company Yongtai Technology (002326) anticipates a significant improvement in its operational performance for the year 2025, projecting revenues between 5 billion to 5.5 billion yuan and a reduced net loss compared to the previous year [4][12]. Financial Performance - The expected revenue for 2025 is between 50 million to 55 million yuan, with a projected net loss of 25.6 million to 48.6 million yuan, a decrease from a loss of 478 million yuan in the same period last year [4]. - The non-recurring net profit is expected to be a loss of 19 million to 38 million yuan, indicating a reduction in loss by approximately 40.6 million to 42.5 million yuan, which represents a narrowing of the loss margin by 91.44% to 95.72% [4]. - The basic earnings per share are projected to be between -0.03 yuan and -0.05 yuan [4]. Valuation Metrics - The company's price-to-book ratio (LF) is approximately 9.35 times, and the price-to-sales ratio (TTM) is about 4.85 times based on the latest closing price [4]. - Historical price-to-earnings ratios indicate fluctuations, with the company experiencing significant changes in valuation metrics over recent years [5][12]. Market Dynamics - The demand in the new energy vehicle and energy storage sectors has rapidly increased, leading to a substantial rise in sales and prices of the company's core lithium battery materials, which is a key driver for the reduction in losses [12]. - The company has faced increased foreign exchange losses due to fluctuations in the US dollar, alongside adhering to previously signed low-price long-term contracts for lithium materials, which have impacted current profitability [12]. Future Outlook - For 2026, the company aims to focus on its core business, enhance market development, optimize customer structure, and implement cost-reduction measures to improve profitability and risk resilience [12].

Core Viewpoint - Yongtai Technology (002326.SZ) expects a loss of 25.6 million to 48.6 million yuan in 2025, compared to a loss of 478.354 million yuan in the same period last year, indicating a significant improvement in operational efficiency [1] Financial Performance - The company anticipates a reduction in net profit attributable to shareholders, excluding non-recurring gains and losses, by approximately 405.87 million to 424.87 million yuan, narrowing the loss margin by 91.44% to 95.72% [1] - The main business gross profit has significantly increased due to a rapid release of demand in the new energy vehicle and energy storage industries, leading to a substantial rise in sales and prices of core lithium battery materials [1] Challenges and Risks - The company faced increased foreign exchange losses due to fluctuations in the US dollar exchange rate during the reporting period [1] - The adherence to previously signed long-term low-price contracts for certain lithium battery materials has also impacted the current profit level [1] Future Outlook - Looking ahead to 2026, the company plans to focus on its core business, enhance market development, optimize customer structure, and implement comprehensive cost reduction and efficiency improvement measures to steadily improve profitability and risk resistance [1]

Core Viewpoint - The company, Yongtai Technology, anticipates a net loss for the year 2025, with estimates ranging from 25.6 million to 48.6 million yuan, indicating a significant improvement in operational efficiency despite the losses [1] Financial Performance - The expected net profit attributable to shareholders, excluding non-recurring gains and losses, is projected to be a loss between 19 million and 38 million yuan for 2025 [1] - The company expects a year-on-year reduction in net loss, narrowing by approximately 40.587 million to 42.487 million yuan, which translates to a decrease in loss margin of 91.44% to 95.72% [1] Business Drivers - The demand in the new energy vehicle and energy storage sectors has rapidly increased, leading to a significant rise in both sales and prices of the company's core lithium battery materials [1] - The main business gross profit has seen substantial growth, which is identified as a key driver for the company's reduced losses [1] External Factors - The company experienced an increase in exchange losses compared to the previous year, attributed to fluctuations in the US dollar exchange rate [1] - Additionally, the company adhered to previously signed long-term low-price contracts for certain lithium battery materials, which has impacted the current profit levels [1]

| 项 目 | 本报告期 | | 上年同期 | | --- | --- | --- | --- | | 归属于上市公司股东 的净利润 | 亏损：2,560 | 万元—4,860 万元 | 亏损：47,835.40 万元 | | 扣除非经常性损益后 的净利润 | 亏损：1,900 | 万元—3,800 万元 | 亏损：44,387.17 万元 | | 基本每股收益 | 亏损：0.03 | 元/股—0.05 元/股 | 亏损：0.52 元/股 | | 营业收入 | 500,000 | 万元—550,000 万元 | 458,939.78 万元 | | 扣除后营业收入 | 500,000 | 万元—550,000 万元 | 457,819.17 万元 | 证券代码：002326 证券简称：永太科技 公告编号：2026-004 浙江永太科技股份有限公司 2025年度业绩预告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 一、本期业绩预计情况 1、业绩预告期间：2025 年 1 月 1 日至 2025 年 12 月 31 日； 2、业绩预告情况：预计净利润为负值 以区 ...

Group 1 - The core point of the article is that Yongtai Technology announced the release of a pledge of 2.038 million shares by its controlling shareholder Wang Yingmei [2] Group 2 - The announcement was made on January 22 [2] - The release of the pledge may indicate a strengthening of the shareholder's financial position [2] - This action could potentially impact investor confidence in Yongtai Technology [2]

Group 1 - The company, Yongtai Technology, announced the release of a portion of shares pledged by its controlling shareholder, Wang Yingmei, amounting to 2.038 million shares [1] - As of the announcement date, Wang Yingmei has a total of 53.334 million shares pledged, which represents 36.97% of her holdings [1] - Another shareholder, He Renbao, has pledged a total of 47.726 million shares, accounting for 42.84% of his holdings [1] Group 2 - Zhejiang Yongtai Holdings Co., Ltd. has pledged a total of 12.8875 million shares, which constitutes 100% of its holdings [1]