Securities Code: 000987 Securities Abbreviation: Yuexiu Capital Announcement No.: 2026-020
Guangzhou Yuexiu Capital Holdings Group Co., Ltd.
Announcement on Changes in Accounting Policies
The company and all members of the board of directors guarantee that the content of the information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
Important Content Reminder:
- The company held the 38th meeting of the 10th board of directors on April 8, 2026, and approved the "Proposal on Changes in Accounting Policies." This change in accounting policies is made in accordance with the relevant regulations issued by the Ministry of Finance of the People's Republic of China (hereinafter referred to as the "Ministry of Finance").
- This change in accounting policies will not have a significant impact on the company's financial position, operating results, and cash flows, and there are no circumstances that would harm the interests of the company and all shareholders; the retrospective adjustments involved will simultaneously reduce the company's total operating income and total operating costs, with no impact on the total profit and net profit for the current and previous periods, nor will it affect the net assets at the end of the respective periods.
I. Overview of Changes in Accounting Policies
(A) Background of Changes in Accounting Policies
On July 8, 2025, the Accounting Department of the Ministry of Finance (hereinafter referred to as the Ministry) issued a Q&A on the accounting treatment related to standard warehouse receipt transactions. According to the above requirements, the company needs to make corresponding changes to the original accounting policies and conduct accounting treatment and information disclosure as required.
(B) Review Procedures for Changes in Accounting Policies
In accordance with the "Shenzhen Stock Exchange Stock Listing Rules" and other relevant laws and regulations as well as the company's "Articles of Association," this change in accounting policies falls within the decision-making authority of the company's board of directors.
This proposal has been pre-reviewed and approved by the company's board of directors' audit committee. The company held the 38th meeting of the 10th board of directors on April 8, 2026, and approved the "Proposal on Changes in Accounting Policies."