Announcement on the Provision for Asset Impairment

Shenzhen Zhenye (Group) Co., Ltd Announcement on Provision for Asset Impairment The company and all members of the board of directors guarantee that the information disclosed is true, accurate, and complete, with no false records or errors Leading statements or material omissions.

Shenzhen Zhenye (Group) Co., Ltd. held its 10th Board of Directors 2026 on April 1, 2026 The first regular meeting of the year reviewed and approved the "Proposal on Asset Impairment Provision for 2025," which is substantial The physical condition is as follows:

1. Asset impairment provision made this time According to the relevant provisions of the Accounting Standards for Business Enterprises and the company's accounting policies, the company has a record of 2025 On the 31st of the month, impairment tests were conducted on all assets and proceeded with caution on assets that may incur impairment losses

Impairment provisions have been made. The main situations are as follows: Unit: 10,000 yuan Subject: Amount of Impairment Provision Amount: Reason for Provision Inventory is calculated by cost and net realizable value, whichever is lower Inventory write-down provision measured at 13,856.92. When its net realizable value is below cost Provision for inventory write-downs is made at that time. Expected credit loss over the life of accounts receivable Bad debt provision for accounts receivable: 616.46 Loss loss provision for imbalance. Total 14,473.38 --