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浙江东望时代科技股份有限公司 关于业绩补偿相关事项的进展公告

Performance Commitment Overview - The performance commitment agreement between Zhejiang Dongwang Times Technology Co., Ltd. and the performance commitment parties stipulates that the net profit of Zhejiang Zhenglan Energy Technology Co., Ltd. for the years 2022, 2023, and 2024 should not be less than 34 million, 41 million, and 49 million yuan respectively [1] - If the cumulative net profit does not meet the promised amount during the commitment period, the performance commitment parties are required to compensate in cash [1] Performance Compensation Status - The audited cumulative net profit of Zhenglan Energy for the years 2022-2024 was approximately 113.52 million yuan, which is 91.55% of the promised cumulative profit of 124 million yuan [2] - As the cumulative net profit did not meet the stipulated amount, the performance commitment parties are obligated to provide cash compensation to the company [2] - The company has sent a notification to the performance commitment parties regarding the completion of performance commitments and the cash compensation [2] - As of the date of the announcement, the company has received a total cash compensation of approximately 13.89 million yuan from the performance commitment parties, fulfilling their compensation obligations [2]