Securities Code: 001210 Securities Abbreviation: Jinfang Energy Announcement No.: 2026-025
Jinfang Energy Group Co., Ltd.
Announcement on the Confirmation and Write-off of Accounts Receivable
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.
Jinfang Energy Group Co., Ltd. (hereinafter referred to as "the Company") held the second meeting of the fifth board of directors on March 16, 2026, and reviewed and approved the proposal on the "Confirmation and Write-off of Accounts Receivable."
In order to further strengthen the company's asset management, prevent financial risks, fairly reflect the company's assets, financial status, and operating results, and make accounting information more true and reliable, the company has conducted an inventory of various assets in accordance with the relevant provisions of the "Enterprise Accounting Standards" and the company's financial management system, combined with the actual situation of the company, and intends to write off related assets. The relevant situation is hereby announced as follows:
I. Specific Amount and Reasons for the Asset Write-off
Unit: Yuan
Item 2022 Fiscal Year
Accounts Receivable 5,025,511.73
The write-off item is accounts receivable, amounting to 5,025,511.73 yuan. The main reason for the write-off is that the above receivables have been overdue for more than 5 years and remain uncollectible. After verifying the process of the arrears and the arrears data, regarding non-continuous arrears, non-annual full arrears that have exceeded the statute of limitations, the company has made every effort to recover them but confirms that the accounts receivable are uncollectible.