Yatong Precision: Subsidiary Signs 860 Million Yuan Service Contract, Accounting for Approximately 46.74% of Last Year's Revenue

Yatong Precision announced that on June 30, 2026, its wholly-owned subsidiary Yatong Heavy Duty signed a specialized transportation service contract with Shendong Coal Company, a subsidiary of China Shenhua Energy Company Limited, with a total amount of 859.9695749 million yuan. The service period is from July 1, 2026 to June 30, 2031. The contract amount accounts for approximately 46.74% of the company's audited operating income for the year 2025. If successfully implemented, it is expected to have a positive impact on future operations. However, there are uncertainties in income recognition for each year and the impact on the performance in 2026, as well as risks of incomplete performance or termination of the contract.