001223SZSE

Announcement on Provision for Asset Impairment and Credit Impairment by Oke Technology

Oke Technology Co., Ltd.·

✨ AI Summary

Oke Technology Co., Ltd. announced the provision for asset impairment and credit impairment totaling CNY 31.0724 million as of September 30, 2025. This decision was approved by the Audit Committee on October 30, 2025. The provisions will reduce the company's total profit and net profit attributable to shareholders by CNY 30.2801 million. The provisions have not been audited by an accounting firm.

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Full Translation

AI Translation· azure_openai

Oke Technology Co., Ltd. (hereinafter referred to as "the Company") guarantees that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.

According to the "Enterprise Accounting Standards," the requirements of the China Securities Regulatory Commission, and relevant documents from the Shenzhen Stock Exchange, the Company conducted impairment testing on various assets and financial contracts as of September 30, 2025. Following the testing, provisions for asset impairment were made for assets that may incur impairment losses, and provisions for credit impairment were made for receivables and financial contracts with expected credit losses. The Company convened the ninth meeting of the second Audit Committee on October 30, 2025, to review and approve the proposal on the provision for asset impairment and credit impairment. The specific circumstances are announced as follows:

I. Overview of the Provision for Impairment

(1) Scope and Amount of Consolidated Impairment Provisions

ItemAmount of Impairment Loss for the First Three Quarters of 2025 (CNY 10,000)
Credit Impairment Loss3,106.49
Bad Debt Loss - Accounts Receivable3,143.96
Bad Debt Loss - Other Receivables1.06
Bad Debt Loss - Notes Receivable-38.53
Asset Impairment Loss0.75
Contract Asset Impairment Loss0.75
Total3,107.24

(2) The reporting period for the provisions for asset impairment and credit impairment is from January 1, 2025, to September 30, 2025.

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