Yiyatong: Currently has no actual business dealings with Intel, uncertainty remains in the distribution-related business in the future.

On June 4th, Yiyatong released a news flash on its WeChat official account titled "Yiyatong Officially Becomes an Intel 2026 Solution Aggregator". The main content of the article states that the company was awarded the title of "Intel 2026 Official Solution Aggregator", and it will distribute Intel chips and OEM/ODM customized products under the Intel platform based on its cooperation qualifications. In response to this, the company issued a supplementary announcement on June 8th regarding the content of the article and provided a risk warning. The announcement clarified that the company's title as "Intel 2026 Official Solution Aggregator" is not exclusive, and up to now, there has been no actual business transaction between the company and Intel. There is still some uncertainty in the company's future distribution-related business. According to the company's previously disclosed 2025 annual report, the revenue from distribution and marketing business was 57.221 billion RMB, a decrease of 12.56 billion RMB compared to the previous year, with a 17.74% decrease year-on-year, and a gross profit margin of 4%. The company's business involves a variety of distribution categories, and it is expected that the impact of the above-mentioned matters on operating income will be relatively small and will not have a significant impact on the company's operating performance. In addition, international political factors may affect the progress of cooperation, and geopolitical conflicts could potentially lead to a temporary pause or termination of cooperation. Investors are advised to pay attention to these risks.