Stock Code: 000999 Stock Abbreviation: China Resources Sanjiu Announcement No.: 2026-005
China Resources Sanjiu Pharmaceutical Co., Ltd.
Announcement on the Provision for Asset Impairment for the Year 2025
The company and all members of the board of directors guarantee that the content of the information disclosure is true, accurate, and complete, without any false records, misleading statements, or significant omissions.
China Resources Sanjiu Pharmaceutical Co., Ltd. (hereinafter referred to as "the Company") held the second meeting of the Audit Committee of the Board of Directors and the third meeting of the Board of Directors on March 19, 2026, where the proposal on the provision for asset impairment for the year 2025 was reviewed and approved. In accordance with the relevant provisions of the "Enterprise Accounting Standards" and the company's accounting policies, to more accurately reflect the asset and financial status of the company as of December 31, 2025, the company and its subsidiaries conducted a comprehensive review of various assets. Based on the principle of prudence, provisions for impairment losses were made for assets that may suffer impairment, while provisions for impairment that met the criteria were reversed (written off). The specific situation is as follows:
Unit: Ten Thousand Yuan
| Item | Provision for the Year | Reversal for the Year | Write-off and Other Adjustments for the Year | ||||
|---|---|---|---|---|---|---|---|
| Provision for Bad Debts of Accounts Receivable | 12,402.00 | 8,749.01 | 1,842.22 | ||||
| Provision for Bad Debts of Other Receivables | 5,063.37 | 2,563.11 | 899.15 |
Provision for Bad Debts of Financial Assets Measured at Amortized Cost
275.00 - -
| Provision for Inventory Decline | 9,068.58 | 7,067.07 | 5,194.23 | |||
|---|---|---|---|---|---|---|
| Provision for Impairment of Long-term Equity Investments | 3,145.48 | - | 91.96 | |||
| Provision for Impairment of Fixed Assets | 167.22 | - | 690.73 | |||
| Provision for Impairment of Development Expenditures | 3,689.35 | - | - | |||
| Total | 33,811.00 | 18,379.19 | 8,718.29 |