To implement the new VAT Law and supporting tax policies effective January 1, 2026, the State Taxation Administration has revised the VAT and Additional Tax Declaration Form (Trial Version) (the “New Form”). Shanghai, Jiangsu, Hubei, Shanxi and Hebei Provinces/Municipalities are designated as the first batch of pilot regions for completing the New Form. Key contents of the Announcement issued by Shanghai Municipal Tax Service are summarized as follows:

• Pilot Scope and Implementation Phases

1) Selected pilot taxpayers in Shanghai are required to submit the New Form additionally, with real business data adopted to verify the accuracy of the New Form; all other taxpayers shall continue to use the existing declaration forms.

2) Once verification is completed, the existing declaration forms will be gradually phased out to achieve a smooth transition from "parallel use of two sets of forms" to "full coverage of a single set of forms".

• Core Revisions to the New Form

1) Customized declaration forms for taxpayers: A new Business Information Form is introduced as a pre-declaration procedure. Taxpayers are profiled across seven dimensions including handling matters, declaration types and consolidated tax payment, and the system dynamically generates specific forms to be filled out accordingly.

2) Newly added or integrated supplementary schedules:

Supplementary Schedule I: Add Appendix 1 Details of Sales Without Invoices, integrate deduction item details into Appendix 2 Details of Deduction Items, and add Appendix 3 Details of Simplified Tax Calculation; Supplementary Schedule II: Integrate additional deduction information into Appendix 1 Details of Current Additional Deductions.

3) Revisions to line items: Redundant line items in the original forms are streamlined, and new line items are added to address practical business needs.