Financial Results For The 1st Quarter of 2025

May 06, 2025

Dear Investors,

YG Group-KY (1589) hereby announces its financial results for the 1st quarter of 2025.

2025 Q1 Financial Results

w Consolidated revenue for Q1 was NT$1.67 billion, a decrease of 24.1% over the last quarter and an increase of 17.39% compared with the same period last year. The revenue composition ratio of each product is renewable energy (44.9%), injection molding machine (25.5%), and industrial machinery (29.6%).

w The tonnage shipped this quarter was 36,476 tons, a decrease of 26.6% over the last quarter and an increase of 13.4% compared with the same period last year.

w Consolidated gross margin for the quarter was 5%, the same as the last quarter, and an increase of 15% compared with the same period last year.

w The net operating margin for the quarter was -11%, a decline of 2% from the previous quarter's -9%; an increase of 17 percentage points from the same period last year’s -28%.

w The net operating loss was NT$ 182 million, the previous quarter’s operating loss was NT$ 199 million, and the net operating loss for the same period last year was NT$ 399 million.

w Net loss after tax for the quarter was NT $ 250 million, net loss after tax for the previous quarter was NT $ 26 million, and net loss after tax for the same period last year was NT $549 million; net loss per share for the quarter was NT $ 1.87. The net loss per share for last quarter was NT $ 0.04, and the net loss per share for the same period last year was NT $ 4.62.

w   2025 Q1 Revenue and annual growth rates:

w   In the first quarter, industrial machinery and injection molding machines saw increased demand for stockpiling from clients in response to the potential trade war 2.0 initiated by the U.S. Trump administration, thereby boosting the group's shipment volumes. Additionally, as this year marks the final year of China's 14th Five-Year Plan, the wind power industry has a target installation capacity of 115GW, up from the previous year's 85GW, leading to heightened customer demand.

Operational Outlook

The following statements about future prospects are based on expectations of the current situation, but at the same time subject to known or unknown risks or uncertainties. Please refer to the attached "Disclaimer".

w   Looking ahead to the second quarter, amidst the shadow of a trade war and the uncertainty surrounding U.S. interest rate decisions, the market is filled with significant uncertainty.

w In addition to its existing production bases, the company has proactively established new factories in Taiwan and Thailand. The Taiwan factory was completed and began production in 2024, while the Thailand factory is expected to be completed by mid-2025. This multi-location production model enables better risk management in response to global geopolitical changes, an advantage not possessed by competitors.

w Furthermore, to address the rapidly changing trends in the business environment and regional trade conditions, the company continues to diversify its order intake and shipment regions, as well as its industry focus, as a strategic response.

Revenue and Shipment by Quarter

Investor Relations

Nick Lee

Investor Relations

Add: 4F., No93, Xinhu 1^St Rd., NeihuDist., Taipei, Taiwan(R.O.C.)

Tel : +886-2-2791-7198

Mobile : +886-978-705-865

E-mail : ir@ygget.com

Safe Harbor Notice

This presentation contains certain forward-looking statements that are based on current expectations and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Except as required by law, we undertake no obligation to update any forward – looking statements, whether as a result of new information, future events or otherwise.