Zhejiang Dahua Technology Co. Ltd. 2026 First Quarter Report
Stock Code: 002236 Stock Name: Dahua Technology Announcement No.: 2026-033
Zhejiang Dahua Technology Co. Ltd.2026 First Quarter Report
The Company and all members of the Board of Directors hereby guarantee that the information disclosed herein is
authentic accurate and complete and free of any false records misleading statements or material omissions.Important Content Reminder:
1. The Board of Directors directors and senior management of the Company hereby guarantee that the information
presented in this quarterly report is true accurate and complete and that it contains no false records misleading
statements or material omissions. Each shall assume individual and joint and several liability for the content hereof.
2. The Company's legal representative chief accountant and person in charge of accounting institution (Accounting
Officer) hereby declare and warrant that the financial statements in the quarterly report are authentic accurate and
complete.
3. Has the financial accounting report for the first quarter been audited
□ Yes □NoThis document is a translated version of the Chinese version 2026 First Quarter Report (“2026 年第一季度报告全文”) and the published first quarter report in the Chinese version shall prevail.The complete published Chinese 2026 First Quarter Report may be obtained at http://www.cninfo.com.cn.
1Zhejiang Dahua Technology Co. Ltd. 2026 First Quarter Report
I. Key Financial Data
(I) Key Accounting Data and Financial Indexes
Whether the Company needs retroactive adjustment or restatement of accounting data in prior years or not
□ Yes □No
Increase or
decrease (%) in this
reporting period
Current Reporting Period Same Period of Last Year
compared with the
same period of the
last year
Operating Revenue (RMB) 6902346653.63 6256129778.73 10.33% (note)
Net profit attributable to
shareholders of the listed 697780082.97 653304288.99 6.81% (note)
Company (RMB)
Net profit attributable to
shareholders of the listed
company after deducting 588773138.13 503508968.09 16.93% (note)
non-recurring gains and losses
(RMB)
Net cash flow generated by
-805493681.31-671695394.62-19.92%
operational activities (RMB)
Basic Earnings per Share
0.210.205.00%
(RMB/Share)
Diluted Earnings per Share
0.210.205.00%
(RMB/Share)
Weighted Average ROE 1.83% 1.80% 0.03%
Increase or
decrease (%) at the
At the End of the Previous end of this reporting
End of This Reporting Period
Year period compared
with the end of the
last year
Total Assets (RMB) 52112122359.49 52558604784.24 -0.85%
Owners' equity attributable to
shareholders of the listed 38426047180.40 37757140211.25 1.77%
company (Unit: RMB)
Note: The relevant year-on-year fluctuation data are affected by the change in the scope of consolidated financial
statements resulting from the disposal of subsidiaries in 2025.(II) Non-recurring Gains and Losses and Their Amounts
□Applicable □ Not Applicable
Unit: RMB
Amount in the Current
Item Note
Reporting Period
Profits or losses from disposal of non-current assets (including the
-480793.21
write-off for the accrued impairment of assets)
The government subsidies included in the current profits and
losses (excluding the government subsidies closely related to
regular businesses of the Company in line with national policies 71295714.44
entitled to according to the established standard and continuously
impacting the Company's profits and losses)
2Zhejiang Dahua Technology Co. Ltd. 2026 First Quarter Report
Profits and losses resulting from the changes in fair value for
financial assets and financial liabilities held by non-financial
enterprises and from disposal of financial assets and liabilities -7159398.06
excluding the effective hedging businesses related to the regular
business operation of the Company
Gains or losses from investment or asset management entrusted
74927295.36
to others
Reversal of the receivables depreciation reserves for separate 139848.45
impairment test
Profits and losses on debt restructuring -7809780.23
Non-operating revenue and expenses other than the above -777342.41
Less: impact of income tax 18933003.47
Impact of minority equity (after tax) 2195596.03
Total 109006944.84 --
Other specific circumstances of gains or losses that fit the definition of non-recurring gains or losses
□ Applicable □Not Applicable
The Company has no other gains or losses that fit the definition of non-recurring gains or losses.Note for the definition of non-recurring gains and losses listed in the No. 1 Explanatory Announcement on Information
Disclosure for Companies Issuance Their Securities to the Public - Non-recurring gains and losses as recurring gains
and losses.□ Applicable □Not Applicable
The Company did not define any non-recurring gains and losses listed in the No. 1 Explanatory Announcement on
Information Disclosure for Companies Issuance Their Securities to the Public - Non-recurring gains and losses as
recurring gains and losses.(III) The Changes in Key Accounting Data and Financial Indexes and the Reasons for Such
Changes
□Applicable □ Not Applicable
Unit: RMB
Closing
Balance/Amoun Opening
Item t Occurred in Balance/Amount Rate of
the Current Occurred in the Change
Main Reasons for Changes
Period Previous Period
Prepayments 609111390.70 452738445.83 34.54% Mainly due to an increase in prepayments forgoods during the period.Non-current Mainly due to the reclassification of
Assets Due within 1331538735.73 468560399.63 184.18% large-denomination certificates of deposit
One Year maturing within one year.Short-term Loan 515049921.81 203714311.58 152.83% Mainly due to an increase in bankborrowings.Employee
Benefits Payable 960246159.79 2012428897.92 -52.28%
Mainly due to the payment of last year's
year-end bonus in the current period.Financial Mainly due to exchange rate fluctuations
Expenses 178366930.28 -159988512.22 211.49% resulting in increased exchange lossescompared with the same period last year.Investment
Income -2802868.70 107783303.13 -102.60% Mainly due to fluctuations in returns from
Income from equity investments and asset management
Changes in Fair 62852823.90 -6866151.69 1015.40% plans.Values
Mainly due to an increase in bad debt
Credit Impairment -49627845.89 -12404523.05 -300.08% provisions for accounts receivable in theLoss current period compared with the same
period last year.
3Zhejiang Dahua Technology Co. Ltd. 2026 First Quarter Report
Income Tax Mainly due to an increase in taxable income
Expense 53723019.83 -9689528.57 654.44% in the current period compared with the sameperiod last year.Minority
Shareholders' 14183117.10 53547697.59 -73.51% Mainly due to the disposal of the controlling
Profit and Loss subsidiary Huacheng Network in 2025.Net Cash Flow
Generated by Mainly due to an increase in the net cash
Financing 339903378.60 -582452438.26 158.36% flows from bank borrowings compared with
Activities the same period last year.II. Information on Shareholders
(I) The total number of common stock shareholders the number of preferred stock
shareholders whose voting rights have been restored and the shareholdings of the top 10
shareholders
Unit: Share
Total number of common Total number of preferred shareholders (if any)
shareholders at the end of the 179787 whose voting rights have been recovered at the 0
reporting period end of the reporting period
Shareholdings of the top 10 shareholders (excluding shares lent by refinancing)
Number of Pledges Markings Or Freezing
shares held
Name of Nature of Sharehold Number of
with limited
Shareholder Shareholder ing (%) Shares Held State of
sales QuantityShares
conditions
Domestic
1023868980.0767901735.0
Fu Liquan Natural 31.15% Not Applicable 0
00
Person
State-
China Mobile
owned 293103400.0
Communications 8.92% 293103400.00 Not Applicable 0
Legal 0
Group Co. Ltd.Person
Domestic
Zhu Jiangming Natural 4.13% 135661060.00 0.00 Not Applicable 0
Person
Hong Kong Overseas
Securities Legal 2.83% 92972444.00 0.00 Not Applicable 0
Clearing Co. Ltd. Person
Domestic
Chen Ailing Natural 2.17% 71262813.00 53447110.00 Not Applicable 0
Person
Domestic
Wu Jun Natural 2.10% 69172886.00 51879664.00 Not Applicable 0
Person
Industrial Bank
Co. Ltd. - Huaxia
CSI Robotic
Others 1.65% 54151375.00 0.00 Not Applicable 0
Trading Open
Index Securities
Investment Fund
Domestic
Non-state-
China Securities
owned 0.91% 30052972.00 0.00 Not Applicable 0
Finance Co. Ltd.Legal
Person
4Zhejiang Dahua Technology Co. Ltd. 2026 First Quarter Report
National Social
Others 0.82% 27000000.00 0.00 Not Applicable 0
Security Fund 103
Cathay Haitong
Securities Co.Ltd. - Tianhong
CSI Robotic
Others 0.64% 21004547.00 0.00 Not Applicable 0
Exchange Traded
Open-End Index
Securities
Investment Fund
Shareholding of the top 10 unlimited sale condition shareholders (excluding shares lent through refinancing and lock-
up shares for senior management)
Type of Shares
Number of shares held without
Name of Shareholder
limited sales condition Type of Quantity
Shares
RMB
255967245.0
Fu Liquan 255967245.00 Common
0
Stock
RMB
135661060.0
Zhu Jiangming 135661060.00 Common
0
Stock
RMB
Hong Kong Securities Clearing Co. Ltd. 92972444.00 Common 92972444.00
Stock
Industrial Bank Co. Ltd. - Huaxia CSI Robotic RMB
Trading Open Index Securities Investment 54151375.00 Common 54151375.00
Fund Stock
RMB
China Securities Finance Co. Ltd. 30052972.00 Common 30052972.00
Stock
RMB
National Social Security Fund 103 27000000.00 Common 27000000.00
Stock
Cathay Haitong Securities Co. Ltd. - Tianhong RMB
CSI Robotic Exchange Traded Open-End 21004547.00 Common 21004547.00
Index Securities Investment Fund Stock
RMB
Chen Ailing 17815703.00 Common 17815703.00
Stock
Industrial and Commercial Bank of China
RMB
Limited - E Fund CSI Artificial Intelligence
17475109.00 Common 17475109.00
Theme Exchange Traded Open-End Index
Stock
Securities Investment Fund
RMB
Wu Jun 17293222.00 Common 17293222.00
Stock
Among the top ten major shareholders Mr. Fu Liquan and Ms. Chen
Description of the association relationship or
Ailing are in a marital relationship. The Company is unaware of
concerted action of above-mentioned
whether there are any other associated relationships among other
shareholders
shareholders or whether they are persons acting in concert.Explanation on top 10 shareholders'
participation in securities margin trading (if None
any)
As of March 31 2026 the Company's dedicated securities
Special note on the existence of repurchase
repurchase account holds 37313101 shares of the company's
special accounts among the top 10
common stock A shares which according to requirements are not
shareholders
included in the company's top 10 shareholders and top 10
5Zhejiang Dahua Technology Co. Ltd. 2026 First Quarter Report
unrestricted shareholders listings.Shareholders holding more than 5% of shares the top 10 shareholders and the top 10 shareholders without limited
outstanding shares participating in the lending of shares through refinancing
□ Applicable □Not Applicable
Changes in top 10 shareholders and top 10 shareholders without limited outstanding shares over the previous period
due to refinancing lending/returning
□ Applicable □Not Applicable
(II) The total number of preferred stock shareholders and the shareholdings of the top 10
preferred stock shareholders
□ Applicable □Not Applicable
III. Other Significant Matters
□Applicable □ Not Applicable
1. During the reporting period in order to further improve the company's corporate governance
structure and in light of the company's development Mr. Fu Liquan applied to resign from the
concurrently held position of President. After resigning from the position of president Mr. Fu Liquan
continues to serve as the Company's chairman convener of the board's Strategy Committee
member of the Remuneration and Assessment Committee and member of the Nomination
Committee. After nomination by Chairman Fu Liquan and approval of the qualification review by the
Nomination Committee of the Board of Directors the company convened the 20th meeting of the 8th
Board of Directors on January 05 2026 and agreed to appoint Mr. Zhao Yuning as the company's
President.
2. During the reporting period the Company's controlling subsidiary Zhejiang HuaRay Technology
Co. Ltd. submitted application materials for an initial public offering and listing on the Main Board of
the Hong Kong Stock Exchange and the related materials were published on the Hong Kong Stock
Exchange website (www.hkexnews.hk).IV. Quarterly Financial Statements
(I) Financial Statements
1. Consolidated Balance Sheet
Prepared by: Zhejiang Dahua Technology Co. Ltd.March 31 2026
Unit: RMB
Item Closing balance Opening Balance
Current Asset:
Monetary Fund 7595450385.62 8655402920.75
Deposit Reservation for Balance
Loans To Banks and Other
Financial Institutions
Trading Financial Assets 320192707.51 309157871.90
Derivative Financial Assets
Notes Receivable 748888029.98 781468637.01
Accounts Receivable 14150091232.59 15474088183.37
6Zhejiang Dahua Technology Co. Ltd. 2026 First Quarter Report
Receivables Financing 1194855059.60 1102535053.89
Prepayments 609111390.70 452738445.83
Premium Receivable
Reinsurance Accounts Receivable
Reinsurance Contract Reserves
Receivable
Other Receivables 217985203.89 278640285.60
Including: Interest Receivable
Dividends Receivable
Buying Back the Sale of Financial
Assets
Inventory 7542192674.48 6090171290.38
Among Them: Data Resources
Contract Assets 76008054.36 63320727.97
Held-for-sale Assets
Non-current Assets Due within One
1331538735.73468560399.63
Year
Other Current Assets 722355108.69 578508611.11
Total Current Assets 34508668583.15 34254592427.44
Non-current Asset:
Granting of Loans and Advances
Creditor's Right Investment
Other Creditor's Right Investments
Long-term Accounts Receivable 396890838.54 406038709.81
Long-term Equity Investment 719948203.63 725578108.27
Other Equity Instrument
Investments
Other Non-current Financial Assets 2141280112.30 1989086297.12
Investment Property 126543443.45 128753117.16
Fixed Assets 6039052217.54 6136201592.87
Construction in Progress 47996162.04 7264951.14
Productive Biological Asset
Oil And Gas Assets
Right-of-use Assets 271351309.20 272401498.24
Intangible Asset 549006070.69 556559379.70
Among Them: Data Resources
Development Expenditure
Among Them: Data Resources
Goodwill 6615294.18 6615294.18
Long-term Deferred Expense 82082662.39 77865093.40
Deferred Income Tax Assets 912636743.71 901731191.20
Other non-current Assets 6310050718.67 7095917123.71
Total non-current assets 17603453776.34 18304012356.80
Total Assets 52112122359.49 52558604784.24
Current Liabilities:
Short-term Loan 515049921.81 203714311.58
Borrowing from the Central Bank
Borrowings from Banks and Other
Financial Institutions
Trading Financial Liabilities 9671.00
Derivative Financial Liabilities
Notes Payable 3492341486.71 3659798751.88
Accounts Payable 4691037504.21 5132662730.78
Advances from Customers
Contract Liabilities 1312276256.49 1142677702.11
Proceeds from the Sale and
7Zhejiang Dahua Technology Co. Ltd. 2026 First Quarter Report
Repurchase of Financial Assets
Deposit Taking and Interbank
Deposit
Receiving from Vicariously Traded
Securities
Receiving from Vicariously Sold
Securities
Employee Benefits Payable 960246159.79 2012428897.92
Taxes Payable 336688521.57 396827917.38
Other Payables 464691462.01 470148655.21
Including: Interest Payable
Dividends PAYABLE
Payable Service Charges and
Commissions
Reinsurance Accounts Payable
Liabilities Held for Sale
Non-current Liabilities Due within
245567194.71246856805.30
One Year
Other Current Liabilities 206455136.60 167754385.11
Total Current Liabilities 12224363314.90 13432870157.27
Non-current Liabilities:
Insurance Contract Reserves
Long-term Loan
Bonds Payable
Including: Preferred Stocks
Perpetual Bonds
Lease Liabilities 160392738.82 165399173.65
Long-term Payables
Long-term Employee Benefits
Payable
Expected Liabilities 202917051.68 205416324.68
Deferred Income 166445597.11 170075423.69
Deferred Income Tax Liabilities 55824944.72 58695790.95
Other non-current Liabilities 49179595.43 52027750.30
Total non-current Liabilities 634759927.76 651614463.27
Total Liabilities 12859123242.66 14084484620.54
Owner's Equity:
Share Capital 3286755574.00 3286755574.00
Other Equity Instruments
Including: Preferred Stocks
Perpetual Bonds
Capital Reserves 7249833928.64 7233189509.62
Less: Treasury Share 729912398.27 709079918.27
Other Comprehensive Income 98655149.38 123340202.22
Special Reserve
Surplus Reserves 1647814866.50 1647814866.50
General Risk Reserve
Undistributed Profits 26872900060.15 26175119977.18
Total Equity Attributable to the Parent
38426047180.4037757140211.25
Company's Shareholders
Minority Shareholders' Equity 826951936.43 716979952.45
Total Owners' Equity 39252999116.83 38474120163.70
Total Liabilities and Shareholders' 52112122359.49 52558604784.24
Equity
Legal Representative: Fu Liquan Person in Charge of Accounting Work: Xu Qiaofen
Head of Accounting Department: Zhu Zhuling
8Zhejiang Dahua Technology Co. Ltd. 2026 First Quarter Report
2. Consolidated Income Statement
Unit: RMB
Amount Occurred in the Current Amount Occurred in the Previous
Item
Period Period
I. Total Operating Revenue 6902346653.63 6256129778.73
Among them: operating revenue 6902346653.63 6256129778.73
Interest Income
Earned Premiums
Service Charge and
Commission Income
II. Total Operating Cost 6408967588.28 5872689700.23
Including: Operating Cost 3881506935.19 3745786994.39
Interest Expense
Service Charge and
Commission Expenses
Surrender Value
Net Claims Paid
Extract Net Reserve for
Insurance Liabilities
Policyholder Dividend
Expense
Reinsurance Cost
Taxes and Surcharges 53765586.67 48363656.56
Sales Expenses 1042804928.79 1023965153.19
Administration Expenses 267939290.82 244984969.09
Research and Development
984583916.53969577439.22
Expense
Financial Expenses 178366930.28 -159988512.22
Including: Interest
6326944.564825976.50
Expenses
Interest Income 68140503.46 79046416.41
Add: Other Income 278797027.59 243865531.80
Investment Income (Mark "-"
-2802868.70107783303.13
for Loss)
Including: investment
income from joint ventures and joint 91838.13 401755.24
ventures
Profits from
recognition termination of financial -7868212.24 -251332.23
assets at amortized cost
Exchange Gains (Mark "-" for
Losses)
Profit of Net Exposure
Hedging (Mark "-" for Loss)
Incomes From Changes in
62852823.90-6866151.69
Fair Value (Mark "-" for Loss)
Credit Impairment Losses
-49627845.89-12404523.05
(Mark "-" for Loss)
9Zhejiang Dahua Technology Co. Ltd. 2026 First Quarter Report
Asset Impairment Losses
-15505162.60-18894150.29
(Mark "-" for Loss)
Asset Disposal Income
520464.441180275.35
(Mark "-" for Loss)
III. Operating Profit (Mark "-" for
767613504.09698104363.75
Loss)
Add: non-operating Revenue 1573821.10 1882660.02
Less: non-operating Expense 3501105.29 2824565.76
IV. Total Profit (Mark "-" for Total
765686219.90697162458.01
Loss)
Less: Income Tax Expense 53723019.83 -9689528.57
V. Net Profit (Mark "-" for Net Loss) 711963200.07 706851986.58
(I) Classified by Operation
Continuity
1. Net Profit as a Going Concern 711963200.07 706851986.58
(Mark "-" for Net Loss)
2. Net Profit of Discontinued
Operation (Mark "-" for Net Loss)
(II) Classified by the Attribution of
Ownership
1. Net Profit Attributable to the
697780082.97653304288.99
Parent Company's Owner
2. Minority Shareholders' Profit
14183117.1053547697.59
and Loss
VI. Other Comprehensive Income
-24698205.37-6283686.51
Net of Tax
Other comprehensive income net
of tax attributable to the parent -24685052.84 -6356447.05
company owners
(I) Other comprehensive income
that cannot be reclassified into profit
or loss
1. Re-measure the variation of
the defined benefit plan
2. Other comprehensive
income that cannot be transferred to
P/L under the equity method
3. Changes in the fair value of
investment in other equity
instruments
4. Changes in the fair value of
the credit risk of the enterprise
5. Others
(II) Other comprehensive income -24685052.84 -6356447.05
that will be reclassified as P/L
1. Other comprehensive
income that can be transferred to P/L
under the equity method
2. Changes in the fair value of
other creditor's right investments
3. Financial assets reclassified
into other comprehensive income
4. Provisions for the credit
impairment of investment in other
creditor's rights
5. Cash flow hedge reserves
6. Foreign currency translation -24685052.84 -6356447.05
10Zhejiang Dahua Technology Co. Ltd. 2026 First Quarter Report
differences of financial statements
7. Others
Net amount of other
comprehensive incomes after tax -13152.53 72760.54
attributable to minority shareholders
VII. Total Comprehensive Income 687264994.70 700568300.07
Total comprehensive income
attributable to the parent company's 673095030.13 646947841.94
owners
Comprehensive income
14169964.5753620458.13
attributable to minority shareholders
VIII. Earnings per Share:
(I) Basic Earnings per Share 0.21 0.20
(II) Diluted Earnings per Share 0.21 0.20
Legal Representative: Fu Liquan Person in Charge of Accounting Work: Xu Qiaofen
Head of Accounting Department: Zhu Zhuling
3. Consolidated Cash Flow Statement
Unit: RMB
Amount Occurred in the Current Amount Occurred in the Previous
Item
Period Period
I. Cash Flow Generated by
Operational Activities:
Cash from sales of merchandise
9078966664.808207170646.30
and provision of services
Net increase in customer deposits
and interbank deposits
Net increase in borrowings from
the central bank
Net increase in borrowings from
other financial institutions
Cash arising from receiving
premiums for the original insurance
contract
Net amount arising from
reinsurance business
Net increase in deposits and
investments from policyholders
Cash arising from interests service
charges and commissions
Net increase in borrowings from
banks and other financial institutions
Net increase in repurchase
business funds
Net amount of cash received from
the vicariously traded securities
Tax refund 347978980.95 239962306.86
Cash received from other
374313224.83338696763.38
operating activities
Subtotal of cash inflow from 9801258870.58 8785829716.54
operating activities
Cash paid for goods and services 6744923908.80 5631796732.81
Net increase in customer loans
11Zhejiang Dahua Technology Co. Ltd. 2026 First Quarter Report
and advances
Net increase in deposits with
central bank and other financial
institutions
Cash paid for original insurance
contract claims
Net increase of funds lent
Cash paid for interests service
charges and commissions
Cash paid for policy dividends
Cash paid to and for employees 2908375948.45 2747283980.03
Taxes and fees paid 506302773.35 483149237.58
Other paid cash related to
447149921.29595295160.74
operational activities
Total cash outflow from operating
10606752551.899457525111.16
activities
Net cash flow generated by operating -805493681.31 -671695394.62
activities
II. Cash Flow from Investment
Activities:
Cash arising from disposal of 2973194422.00 3830530852.47
investments
Cash received from investment 2609033.62 8808463.02
income
Net cash recovered from disposal
of fixed assets intangible assets and 619614.34 1074071.43
other long-term assets
Net cash received from disposal of
71683294.0011700743.16
subsidiaries and other business units
Cash received from other activities
1273872.123436392.97
related to investing
Total cash inflow from investing
3049380236.083855550523.05
activities
Cash paid for the acquisition and
construction of fixed assets 158206489.53 197326893.16
intangible assets and other long-
term assets
Cash paid for investment activities 3340900649.21 4003705846.64
Net increase in pledge loans
Net cash paid for acquisition of
subsidiaries and other business units
Cash paid for other investment
2620385.00
activities
Total cash outflow from investing
3499107138.744203653124.80
activities
Net amount of cash flow generated
-449726902.66-348102601.75
by investment activities
III. Cash Flow from Financing
Activities:
Cash Arising from Absorbing 88039006.40 53347469.26
Investments
Among them: cash received by
subsidiaries from minority 88039006.40
shareholder investments
Cash arising from borrowings 511335610.23 300950000.00
12Zhejiang Dahua Technology Co. Ltd. 2026 First Quarter Report
Other received cash related to
financing activities
Subtotal of cash inflow from financing
599374616.63354297469.26
activities
Cash paid for debt repayment 200000000.00 895000000.00
Cash paid for distribution of
dividends profits or interest 1964671.00 1050738.89
payments
Among them: dividends and
profits paid by subsidiaries to
minority shareholders
Cash paid for other financing 57506567.03 40699168.63
activities
Total cash outflow from financing 259471238.03 936749907.52
activities
Net Cash Flow Generated by
339903378.60-582452438.26
Financing Activities
IV. Impact of Exchange Rate
Fluctuations on Cash and Cash -127792879.71 40545841.76
Equivalents
V. Net Increase In Cash and Cash
-1043110085.08-1561704592.87
Equivalents
Add: beginning balance of cash
8553186564.2211061530816.28
and cash equivalents
VI. Ending Balance of Cash and
7510076479.149499826223.41
Cash Equivalents
(II) Adjustments to relevant items of financial statements as of the beginning of
the year in which the new accounting standards are first implemented in 2026.□ Applicable □Not Applicable
(III) Audit Report
Has the financial accounting report for the first quarter been audited
□ Yes □No
The Company's first quarter financial accounting report has not been audited.Board of Directors of Zhejiang Dahua Technology Co. Ltd.April 18 2026
13
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