Nanchang Mining Machinery Group Co., Ltd. (Stock Code: 001360, Stock Abbreviation: Nankuang Group) Announcement No. 2025-046
The company and all members of the board guarantee that the content of the information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
I. Overview of Provision for Credit Impairment and Asset Impairment
(1) Provision for Credit Impairment and Asset Impairment Overview
To reflect the financial status and operating results of Nanchang Mining Machinery Group Co., Ltd. (hereinafter referred to as "the Company") in a true and objective manner, and to provide investors with more authentic, reliable, and accurate accounting information, the Company has conducted impairment testing on various assets including accounts receivable, other receivables, notes receivable, inventory, and contract assets as of September 30, 2025, based on the principle of prudence and in accordance with relevant laws and regulations such as the "Enterprise Accounting Standards," "Shenzhen Stock Exchange Stock Listing Rules," and "Self-Regulatory Guidelines No. 1 for Listed Companies on the Main Board." After thorough assessment and analysis, the Company has made provisions for impairment losses on assets that may incur losses.