001339SZSE

Announcement on Accrual of Asset Impairment Provisions for 2025

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Shenzhen Smart Micro-Intelligence Technology Co., Ltd. announces its accrual of asset impairment provisions totaling RMB 116.2073 million for the year 2025. This includes RMB 2,688.83 million for credit assets and RMB 8,931.90 million for other assets, primarily inventory. The provisions are expected to reduce net profit by RMB 8,613.16 million.

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Securities Code: 001339 Securities Abbreviation: Smart Micro-Intelligence Announcement No.: 2026-029

Shenzhen Smart Micro-Intelligence Technology Co., Ltd. Announcement on Accrual of Asset Impairment Provisions for 2025

The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions.

Shenzhen Smart Micro-Intelligence Technology Co., Ltd. (hereinafter referred to as the "Company") has, in accordance with the "Shenzhen Stock Exchange Stock Listing Rules," "Accounting Standards for Business Enterprises," and the Company's relevant accounting policies, accrued asset impairment provisions totaling RMB 11,620.73 million for assets within the scope of the consolidated financial statements as of the end of 2025. The relevant matters are hereby announced as follows:

I. Overview of Accrual of Asset Impairment Provisions

(I) Reason for Accruing Asset Impairment Provisions

In accordance with the requirements of "Accounting Standards for Business Enterprises" and the "Shenzhen Stock Exchange Listed Company Self-Regulatory Management Guide No. 1 - Standardized Operation of Main Board Listed Companies," to more truthfully and accurately reflect the Company's asset status and financial status as of December 31, 2025, based on the principle of prudence, the Company has conducted a comprehensive review of relevant assets in the consolidated statements as of December 31, 2025, and has accrued impairment provisions for assets where impairment losses may occur.

(II) Scope of Assets, Total Amount, and Reporting Period for Accrual of Asset Impairment Provisions

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