The company and all members of the board guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
I. Overview of the Provision for Asset Impairment
(1) Reasons for the Provision
In accordance with the "Enterprise Accounting Standards," "Shenzhen Stock Exchange Stock Listing Rules," and other relevant regulations, to accurately reflect the company's financial condition, asset value, and operating results, the company (including all subsidiaries within the consolidation scope) conducted an inventory of various assets as of December 31, 2025, and performed impairment tests on relevant assets, making provisions for asset impairment as required.
(2) Provision for Asset Impairment
The total provision for impairment by the company and its subsidiaries for the year 2025 amounts to 91.3011 million yuan, detailed as follows:
| Item/Asset Name | Provision Amount for 2025 (Losses indicated with "-") | Unit: Ten Thousand Yuan |
|---|---|---|
| Credit impairment losses | -1,653.52 | |
| - Notes receivable | -16.89 | |
| - Accounts receivable | 189.64 | |
| - Other receivables | -2,111.76 | |
| - Other non-current assets | 285.49 | |
| Asset impairment losses | -7,476.59 | |
| - Inventory write-down | -6,380.58 | |
| - Impairment of investment properties | -618.37 | |
| - Impairment of fixed assets | -57.50 | |
| - Impairment of construction in progress | -308.39 | |
| - Impairment of intangible assets | -111.75 | |
| Total | -9,130.11 |