Qitian Technology Group announced that its wholly-owned sub-subsidiary, Nanjing Feihan Network Technology, conducted a tax self-inspection as required by tax authorities and needs to pay back taxes and late fees totaling 16.9983 million yuan. As of the announcement date, the full amount has been paid, and this payment does not involve any administrative penalties. The back payment will not be treated as a prior-period accounting error, nor will it require retrospective adjustment of prior financial data; it will be recorded in the company's 2026 current profit and loss. This payment does not affect the company's normal operations.
QITIAN Technology Group Co LtdSubsidiary pays back taxes and late fees of 16.9983 million yuan, a regulatory compliance cost.
Nanjing Feihan Network Technology pays back taxes and late fees, a regulatory compliance cost.