YSXT

16.8% Revenue Growth and 28.8% Service Volumes Increase GUANGZHOU, China, July 10, 2026 (GLOBE NEWSWIRE) -- YSX TECH. CO., LTD (NASDAQ: “YSXT”) (the “Company”), a Cayman Islands exempted company that, through its variable interest entities in China, provides comprehensive business solutions mainly for insurance companies and brokerages in China, today announced its financial results for the fiscal year ended March 31, 2026. Management Commentary "Fiscal 2026 was a year of operational scaling and strategic realignment for YSX," said Mr. Jie Xiao, CEO of YSX TECH. CO., LTD. "We drove our top-line revenue to $83.5 million, representing a 16.8% year-over-year increase, fueled primarily by a 28.8% increase in our service volumes. By intentionally pivoting our business development efforts toward insurance brokerages rather than single insurance companies, we broadened our market reach. This transition led to a 112.1% increase in volume in our vehicle driving risk screening services alone.” “While this deliberate shift in our service mix toward higher-volume services yielded lower average margins and impacted our near-term net income, the Fiscal 2026 results show that this approach captured enhanced market share, and we believe that it strengthened our position as a competitive intermediary platform. More importantly, we spent the past year laying the technological groundwork for our next phase of growth. Through our newly forged partnerships with active industry participants like Huijian, Qingfeng Automobile Group, and XUnit, we are endeavoring to integrating supply-chain finance, physical dealership networks, and Web3 asset digitization into our ecosystem. With $34.8 million in working capital, we believe that we are well-capitalized to execute this 'Technology + Physical' roadmap and deliver long-term value to our shareholders." Operational and Strategic Milestones Strategic Shift Toward Insurance Brokerages A key driver of the Company's volume growth was its pivot toward partnering with insurance brokerages. Unlike individual insurance companies that restrict services to their own policies, brokerages offer products from multiple carriers, allowing the Company to reach a broader base of policyholders. For the fiscal year ended March 31, 2026, 62.3% of the Company's value-added service contracts were obtained through brokerages. Surge in Risk Screening Services Aligning with brokerage demands, the Company expanded its vehicle driving risk screening services. Service volume in this category increased by 112.1% to approximately 5.6 million service calls, generating approximately $74.4 million in revenue, representing a 115.1% year-over-year increase for the segment. Full Year 2026 Financial Highlights Total Revenue increased by $12.0 million, or 16.8%, to $83.5 million for the fiscal year ended March 31, 2026, up from $71.5 million in fiscal year ended March 31, 2025. Revenue from auto insurance aftermarket value-added services increased by 27.4% to $80.8 million, accounting for 96.7% of total revenue. Over 6.07 million service calls were processed in 2026, an increase of 1.36 million calls, or 28.8%, compared to the prior year. Net income was $2.8 million for fiscal 2026, compared to $4.0 million in fiscal year ended March 31, 2025. Robust Liquidity as the Company ended the fiscal year with $5.9 million in cash and a working capital balance of $34.8 million. Full Year 2026 Financial Results Total Revenue Total revenue increased by approximately $12.0 million, or 16.8%, to approximately $83.5 million for the fiscal year ended March 31, 2026, compared to approximately $71.5 million for the fiscal year ended March 31, 2025. The increase was primarily driven by an increase in revenue from our auto insurance aftermarket value-added services, which grew by approximately $17.4 million, or 27.4%, as the Company secured more service contracts from insurance brokerages and achieved a 28.8% increase in overall service volume (totaling approximately 6.1 million service calls). This growth was partially offset by a decrease in revenue from our other scenario-based customized services of approximately $4.8 million, or 64.2%, driven by a reduction in the number of customers for such services, and a decrease in revenue from software development and information technology services of approximately $0.6 million, or 91.7%, driven by a reduction in the number of customers for such services. Cost of Revenue Cost of revenue increased by approximately $12.2 million, or 19.1%, to approximately $76.3 million for the fiscal year ended March 31, 2026, compared to approximately $64.1 million for the prior fiscal year. This increase was primarily attributable to increased subcontract costs resulting from the volume expansion of our value-added services, as we engaged more external vendors to fulfill the approximately 6.1 million service calls processed during the year. The increase was partially offset by decreased subcontract costs associated with our customized services and IT services business lines. Gross Profit Gross profit decreased by approximately $0.2 million, or 2.6%, to approximately $7.2 million for the fiscal year ended March 31, 2026, compared to approximately $7.4 million for the fiscal year 2025. Our gross margin correspondingly decreased from 10.3% in fiscal 2025 to 8.6% in fiscal ended March 31, 2026. The decrease in gross profit and gross margin was primarily attributable to a change in service mix, as more revenue was derived from value-added services, which carry higher costs and lower margins, and less revenue was derived from our customized and IT service lines, which carry higher margins. Additionally, our average price charged to customers for value-added services decreased slightly by 1.1% as a result of changes in the service mix. Operating Expenses Total operating expenses increased by approximately $1.1 million, or 41.2%, to approximately $3.7 million for the fiscal year ended March 31, 2026, compared to approximately $2.6 million for the fiscal year ended March 31, 2025. The variance in operating expenses was driven by the following factors: Selling expenses decreased by 14.6% to approximately $0.1 million, primarily due to lower office rent expenses following the relocation of the office of our subsidiary, Guangzhou Yishengxin Network Technology Co., Ltd. General and administrative expenses decreased by approximately $0.7 million, or 33.6%, to approximately $1.5 million. This decrease was mainly attributable to a 50.2% drop in professional and consulting fees following the completion of our IPO in December 2024, as well as a 74.0% decrease in expected credit loss expenses, partially offset by an increase in administrative headcount and related salary expenses. Share-based compensation expenses were approximately $1.8 million in the fiscal year ended March 31,2026, compared to nil in the prior year. This non-cash expense relates to restricted stock awards granted to employees and consultants under our 2025 Equity Incentive Plan. Research and development expenses increased by 4.4% to approximately $0.3 million, supporting the continued optimization of our data management systems and mobile applications. Net Income Net income for the fiscal year ended March 31, 2026, was approximately $2.8 million, compared to a net income of approximately $4.0 million for the fiscal year ended March 31, 2025. This decrease of approximately $1.2 million was largely driven by our strategic shift in service mix toward volume growth, higher income tax provisions resulting from increased taxable income, and the non-cash share-based compensation expenses recognized during the year. Cash, Cash Equivalents, and Liquidity As of March 31, 2026, the Company's cash on hand stood at approximately $5.9 million, compared to approximately $7.1 million as of March 31, 2025. Net cash used in operating activities amounted to approximately $2.7 million for the fiscal year ended March 31, 2026, primarily driven by increases in accounts receivable and advances to vendors associated with our growing service volumes. The Company maintained a working capital balance of approximately $34.8 million as of March 31, 2026, which management believes is sufficient to meet its working capital needs over the next 12 months. About YSX TECH. CO., LTD YSX TECH. CO., LTD is a Cayman Islands exempted company that, through its variable interest entities in China, provides comprehensive business solutions mainly for insurance companies and brokerages in China. The Company possesses in-depth knowledge of the Chinese insurance industry accumulated from years of servicing customers, and specializes in auto insurance aftermarket value-added services, software development and information technology services, as well as other scenario-based customized services, such as products and customer development services. For more information please visit: https://ir.ysxtechcay.com and https://www.ysxnet.com. Forward-Looking Statements This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate,” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other factors discussed in the Company’s filings with the United States Securities and Exchange Commission, which are available for review at www.sec.gov. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. For more information, please contact:YSX Tech. Co., [email protected]+86 (20) 2984 2002 Investor RelationsWFS Investor Relations Inc.Email: [email protected]: +1 628 283 9214 YSX TECH. CO., LTD AND SUBSIDIARIESCONSOLIDATED BALANCE SHEETS YSX TECH. CO., LTD AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME YSX TECH. CO. LTD., AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF CASH FLOWS

GUANGZHOU, China, Feb. 03, 2026 (GLOBE NEWSWIRE) -- YSX TECH. CO., LTD (NASDAQ: “YSXT”) (the “Company”), a Cayman Islands exempted company that, through its variable interest entities in China, provides comprehensive business solutions mainly for insurance companies and brokerages in China, today announced its unaudited financial results for the six months ended September 30, 2025. Financial Highlights for the Six Months Ended September 30, 2025 Total revenue increased by 20.2% to approximately $41.0 million, compared to approximately $34.1 million for the same period in the prior year. Gross profit increased by 10.6% to approximately $4.0 million, compared to approximately $3.6 million for the same period in the prior year. Net income increased by 39.0% to approximately $2.7 million, compared to approximately $1.9 million for the same period in the prior year. Total volume for auto insurance aftermarket value-added services increased by 42.8% to approximately 3.0 million service calls for the same period in the prior year. “We are pleased to report our growth in both revenue and net income for the six months ended September 30, 2025,” said Mr. Jie Xiao, the CEO of the Company. “Our strategic focus on deepening relationships with insurance brokerages has yielded positive results, driving a 42.8% increase in service volume in our core auto insurance aftermarket business. Despite a shift in the service mix that slightly impacted gross margins, our ability to control administrative costs and streamline operations allowed us to deliver a 39% increase in net income.” “We believe that the results demonstrate the scalability of our platform and the strength of our insurer and brokerage partnerships. New contract acquisitions and greater utilization of value-added services, including, inspections, risk screening, rescue and maintenance services also facilitated our growth during the reporting period. “Looking ahead, the Company is focused on converting recent strategic initiatives into revenue and margin gains. New commercial collaborations, including the strategic alliance aimed at enhancing auto insurance and supply chain finance capabilities with Huijian Information Technology Co., Ltd., as well as our previously announced partnership with a car distributor targeted at building a technology-oriented physical automotive service platform, are expected to expand our market presence, broaden insurance and financing solutions, and generate additional cross‑selling opportunities for both the Company and our partners,” Mr. Xiao added. Financial Results for the Six Months Ended September 30, 2025 Revenue Total revenue was approximately $41.0 million, representing an increase of approximately $6.9 million, or 20.2%, from approximately $34.1 million in the same period in the prior year. This growth was primarily driven by the Company’s core auto insurance aftermarket value-added services segment. Auto Insurance Aftermarket Value-Added Services Revenue increased by 39.5% to approximately $39.4 million, accounting for 96.0% of the Company’s total revenue. The increase was fueled by growth in service volume by approximately 899,096 service calls, or 42.8%, from about 2.1 million calls in the six months ended September 30, 2024 to about 3.0 million calls in the six months ended September 30, 2025. In particular, revenue from vehicle driving risk screening services increased by 40.7% to approximately $35.7 million, and revenue from vehicle maintenance and other value-added services increased by 61.1% to approximately $1.4 million. Other Scenario-Based Customized Services Revenue decreased by 71.3% to approximately $1.6 million in the six months ended September 30, 2025, primarily due to a reduction in the number of customers of the services from 17 customers in the six months ended September 30, 2024 to five customers in the six months ended September 30, 2025. Software Development and Information Technology Services Revenue decreased by 86.6% to approximately $400,000 from approximately $0.3 million, reflecting decreases in both customer count and average service price. Cost of Revenue Total cost of revenue for the six months ended September 30, 2025 increased by 21.4% from approximately $30.5 million in the same period of the prior year to approximately $37.0 million. This increase was primarily driven by higher subcontractor costs. Gross Profit and Margin Gross profit increased by 10.6% to approximately $4.0 million. Gross margin was 9.7% in the six months ended September 30, 2025, compared to 10.6% in the same period in the prior year. The decrease in margin was attributable to a change in service mix, as the Company performed a higher volume of value-added services which carry higher associated costs compared to other service lines. Operating Expenses Total operating expenses decreased by 14.2% to approximately $1.1 million in the six months ended September 30, 2025 compared to the same period of the prior year. Selling expenses decreased by 11.8% to approximately $600,000, primarily due to lower salary and benefit expenses. General and administrative expenses decreased by 16.4% to approximately $0.9 million. This reduction was largely driven by a 35.5% decrease in professional and consulting fees following the completion of the Company's initial public offering, partially offset by increased office and salary expenses related to the Company’s business expansion. Research and development expenses increased by 5.0% to approximately $0.12 million, reflecting the Company’s continued investment in software optimization. Net Income As a result of the foregoing, net income was approximately $2.7 million in the six months ended September 30, 2025, representing an increase of approximately $0.8 million, or 39.0%, from approximately $1.9 million in the same period in the prior year. This increase was primarily driven by the total revenue growth combined with decreased operating expenses for the six months ended September 30, 2025. Liquidity As of September 30, 2025, the Company had cash and cash equivalents of approximately $0.3 million and working capital of approximately $32.4 million. The Company believes its current cash position and cash flows from operations will be sufficient to meet working capital needs for the next 12 months. About YSX TECH. CO., LTD YSX TECH. CO., LTD is a Cayman Islands exempted company that, through its variable interest entities in China, provides comprehensive business solutions mainly for insurance companies and brokerages in China. The Company possesses in-depth knowledge of the Chinese insurance industry accumulated from years of servicing customers, and specializes in auto insurance aftermarket value-added services, software development and information technology services, as well as other scenario-based customized services, such as products and customer development services. For more information please visit: https://ir.ysxtechcay.com and https://www.ysxnet.com. Forward-Looking Statement This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate,” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other factors discussed in the Company’s filings with the United States Securities and Exchange Commission, which are available for review at www.sec.gov. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. For more information, please contact: YSX Tech. Co., Ltd [email protected] +86 (20) 2984 2002 Investor Relations WFS Investor Relations Inc. Email: [email protected] Phone: +1 628 283 9214

Explore YSX Tech's Fair Values from the Community and select yours YSX Tech. Co., Ltd's (NASDAQ:YSXT) stock showed strength, with investors undeterred by its weak earnings report. Sometimes, shareholders are willing to ignore soft numbers with the hope that they will improve, but our analysis suggests this is unlikely for YSX Tech. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. As finance nerds would already know, the accrual ratio from cashflow is a key measure for assessing how well a company's free cash flow (FCF) matches its profit. In plain english, this ratio subtracts FCF from net profit, and divides that number by the company's average operating assets over that period. This ratio tells us how much of a company's profit is not backed by free cashflow. That means a negative accrual ratio is a good thing, because it shows that the company is bringing in more free cash flow than its profit would suggest. While having an accrual ratio above zero is of little concern, we do think it's worth noting when a company has a relatively high accrual ratio. Notably, there is some academic evidence that suggests that a high accrual ratio is a bad sign for near-term profits, generally speaking. YSX Tech has an accrual ratio of 0.50 for the year to March 2025. Statistically speaking, that's a real negative for future earnings. To wit, the company did not generate one whit of free cashflow in that time. Even though it reported a profit of US$4.02m, a look at free cash flow indicates it actually burnt through US$6.7m in the last year. Coming off the back of negative free cash flow last year, we imagine some shareholders might wonder if its cash burn of US$6.7m, this year, indicates high risk. Note: we always recommend investors check balance sheet strength. Click here to be taken to our balance sheet analysis of YSX Tech. As we have made quite clear, we're a bit worried that YSX Tech didn't back up the last year's profit with free cashflow. As a result, we think it may well be the case that YSX Tech's underlying earnings power is lower than its statutory profit. Nonetheless, it's still worth noting that its earnings per share have grown at 18% over the last three years. The goal of this article has been to assess how well we can rely on the statutory earnings to reflect the company's potential, but there is plenty more to consider. If you'd like to know more about YSX Tech as a business, it's important to be aware of any risks it's facing. Case in point: We've spotted 3 warning signs for YSX Tech you should be mindful of and 2 of these are a bit unpleasant. This note has only looked at a single factor that sheds light on the nature of YSX Tech's profit. But there is always more to discover if you are capable of focussing your mind on minutiae. Some people consider a high return on equity to be a good sign of a quality business. While it might take a little research on your behalf, you may find this free collection of companies boasting high return on equity, or this list of stocks with significant insider holdings to be useful. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

GUANGZHOU, China, Aug. 01, 2025 (GLOBE NEWSWIRE) -- YSX TECH. CO., LTD (the “Company,” “our,” “us” or “YSXT”), a Cayman Islands exempted company that, through its variable interest entities in China, provides comprehensive business solutions mainly for insurance companies and brokerages in China, today announced its financial results for the fiscal year ended March 31, 2025. Key Financial Metrics for Fiscal Year 2025 Total revenue grew by approximately 22.0% to approximately $71.5 million in the fiscal year ended March 31, 2025 from approximately $58.5 million in the fiscal year ended March 31, 2024, driven by expanded service contracts with insurance companies and brokerages. Revenue generated from auto insurance aftermarket value-added services rose approximately 39.1% to approximately $63.4 million in fiscal year 2025 from approximately $45.6 million the fiscal year ended March 31, 2024, accounting for approximately 88.7% of our total revenue, and reflecting an approximately 24.6% increase in service volume (approximately 4.72 million calls) from fiscal year 2024 to fiscal year 2025 and an approximately 11.7% increase in average revenue per call from fiscal year 2024 to fiscal year 2025. Driving risk screening service volume experienced an approximately 2,978% increase, and the Company recorded gains in both volume and revenue from providing safety inspection and check services, and designated-driver and rescue services, with only a modest pullback in vehicle maintenance related services from fiscal year 2024 to fiscal year 2025. Gross profit rose approximately 6.1% to approximately $7.39 million in the fiscal year ended March 31, 2025 from approximately $6.96 million in the fiscal year ended March 31, 2024, while gross margin narrowed to approximately 10.3% in the fiscal year ended March 31, 2025 from approximately 11.9% in the fiscal year ended March 31, 2024. Net income declined approximately 11.9% to approximately $4.0 million in the fiscal year ended March 31, 2025 from approximately $4.6 million in the fiscal year ended March 31, 2024. Mr. Jie Xiao, our CEO and chairman of the board of directors, stated: “We are pleased to deliver strong top-line growth in fiscal year 2025, led by our core auto insurance aftermarket value-added services. We believe the approximately 39.1% increase in revenue from our auto insurance aftermarket value-added services – and a 24.6% increase in service volume from fiscal year 2024 to fiscal year 2025 in this business segment – demonstrates the strength of our partnerships with insurers and brokerages. Although margin pressure from lower-priced scenario-based services weighed on overall profitability, we have a clear roadmap to optimize our service mix, control costs and invest in technology that drives efficiency. We anticipate that our cash position and continued focus on innovation will position us well to sustain growth and enhance long-term shareholder value.” Financial Results for Fiscal Year 2025 Total revenue increased by approximately $12.9 million, or approximately 22.0% year-over-year to approximately $71.5 million for the fiscal year ended March 31, 2025 from approximately $58.5 million in the fiscal year ended March 31, 2024, driven by the Company’s expansion of service contracts with insurance companies and brokerages. Revenue from auto insurance aftermarket value-added services, accounting for approximately 88.7% of our total revenue, grew by approximately $17.8 million, or approximately 39.1% to approximately $63.4 million in the fiscal year ended March 31, 2025 from approximately $45.6 million in the fiscal year ended March 31, 2024, due to an increase of approximately 24.6% in the service volume of auto insurance aftermarket value-added services to approximately 4.7 million service calls in the fiscal year ended March 31, 2025 from approximately 3.8 million in the fiscal year ended March 31, 2024. Average revenue per call also increased by approximately 11.7% from the fiscal year ended March 31, 2024 to the fiscal year ended March 31, 2025. In particular, growth in both service volume and revenue was driven by the following factors: i) vehicle driving risk screening services recorded approximately 2.6 million calls in the fiscal year ended March 31, 2025, an approximately 2,978.4% increase compared to 85,706 calls in the fiscal year ended March 31, 2024, and an approximately $32.0 million, or approximately 1,236.0%, increase in revenue compared to approximately $2.6 million in the fiscal year ended March 31, 2024; and ii) safety inspection and check services, and designated-driver and rescue services also saw volume increases of 24,170 calls and 18,921 calls, respectively, with corresponding revenue growth of approximately $172,970 and $65,842, respectively, in the fiscal year ended March 31, 2025 compared to 90,108 calls and 10,928 calls, respectively, for the same services in the fiscal year ended March 31, 2024. Such increases were partially offset by decreases in service volume and revenue for vehicle maintenance related services, which decreased by approximately 46.3% and 35.9%, respectively, in the fiscal year ended March 31, 2025 as compared to fiscal year ended March 31, 2024. Revenue from providing scenario-based services, accounting for approximately 10.4% of our total revenue, decreased by approximately $4.3 million, or 36.8%, from approximately $11.8 million in the fiscal year ended March 31, 2024 to approximately $7.4 million in the fiscal year ended March 31, 2025 due to a reduction in the average service price. Revenue from software services, accounting for approximately 0.9% of our total revenue, decreased by approximately $0.6 million, or approximately 49.5%, from approximately $1.2 million in the fiscal year ended March 31, 2024 to approximately $0.6 million in the fiscal year ended March 31, 2025, with a decrease in customer numbers. Cost of revenue increased by approximately $12.5 million, or approximately 24.2%, to approximately $64.1 million in the fiscal year ended March 31, 2025 from approximately $51.6 million in the fiscal year ended March 31, 2024, driven by increased subcontract costs for auto insurance aftermarket value-added services. This was partially offset by reduced demand for scenario-based customized services and software development and information technology services, leading to an approximately $3.5 million and $0.5 million decrease in subcontract costs for these services, respectively, in the fiscal year ended March 31, 2025 compared to the fiscal year ended March 31, 2024. Gross profit rose by $423,661, or approximately 6.1%, to approximately $7.39 million in the fiscal year ended March 31, 2025 from approximately $6.96 million in the fiscal year ended March 31, 2024, while gross margin narrowed to approximately 10.3% in the fiscal year ended March 31, 2025 from approximately 11.9% in the fiscal year ended March 31, 2024. The profit gain reflected higher overall revenue, but margin contracted due to an approximately 40.3% decline in average fees for scenario-based services and a greater proportion of higher-cost, lower-margin offerings in our service mix. Total operating expenses increased by $625,966, or approximately 31.9%, to approximately $2.6 million in the fiscal year ended March 31, 2025 from approximately $1.9 million in the fiscal year ended March 31, 2024. Selling expenses rose approximately 6.5% to $121,681 in the fiscal year ended March 31, 2025, driven by an approximately 8.4% increase in sales staff compensation in line with an approximately 24.6% increase in service volume compared to the fiscal year ended March 31, 2024. General and administrative expenses increased approximately 37.6% to approximately $2.2 million in the fiscal year ended March 31, 2025, led by an approximately 10.2% increase in professional fees, an approximately 4.7% rise in administrative payroll and a $418,618 uptick in credit-loss provisions, as compared to the fiscal year ended March 31, 2024. Office costs fell approximately 11.0% in the fiscal year ended March 31, 2025, while entertainment and travel increased approximately 89.5% in the fiscal year ended March 31, 2025 to support expanded operations. Research and development (“R&D”) expenses increased approximately 4.4% to $240,052 in the fiscal year ended March 31, 2025, reflecting an approximately 6.4% rise in R&D staff compensation. Net income decreased by $544,120, or approximately 11.9%, to approximately $4.0 million in the fiscal year ended March 31, 2025 from approximately $4.6 million in the fiscal year ended March 31, 2024. Cash and cash equivalents were approximately $7.1 million as of March 31, 2025, as compared to approximately $4.3 million as of March 31, 2024. On December 19, 2024, YSX TECH. CO., LTD successfully completed its initial public offering and commenced trading on Nasdaq Capital Market on December 18, 2024, raising total gross proceeds of approximately $5 million, plus an additional $750,000 from the full exercise of the underwriters’ over-allotment option before deducting underwriting discounts and other offering expenses. About YSX TECH. CO., LTD Primarily operating in Xinjiang province and Guangdong province in China, YSX TECH. CO., LTD is a holding company incorporated in the Cayman Islands that, through its variable interest entities in China, provides comprehensive business solutions mainly for insurance companies and brokerages in China. The Company possesses in-depth knowledge of the Chinese insurance industry accumulated from years of servicing customers, and specializes in auto insurance aftermarket value-added services, software development and information technology services, as well as other scenario-based customized services, such as products and customer development services. For more information please visit: https://ir.ysxtechcay.com and https://www.ysxnet.com. Forward-Looking Statements This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may, “will, “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks, including, but not limited to, the uncertainties related to market conditions and other factors discussed in the Company's filings with the U.S. Securities and Exchange Commission, which are available for review at www.sec.gov. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. For more information, please contact: At the Company [email protected] +86 (20) 2984 2002 Investor Relations WFS Investor Relations Inc. Janice Wang Email: [email protected] Phone: +86 13811768599 +1 628 283 9214