Announcement on Provision for Asset Impairment for 2025
Securities Code: 002045 Securities Abbreviation: Guoguang Electric Announcement No.: 2026-23
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and do not contain any false records, misleading statements, or major omissions.
Guoguang Electric Co., Ltd. (hereinafter referred to as the "Company" or "Guoguang Electric") held the 25th meeting of the 11th Board of Directors on April 17, 2026, and reviewed and approved the "Proposal on Provision for Asset Impairment for 2025". The relevant situation is hereby announced as follows:
I. Overview of the Provision for Asset Impairment This Time
1. Reason for the Provision for Asset Impairment This Time
In accordance with the "Enterprise Accounting Standards" and its application guidelines, and the relevant provisions of the "Shenzhen Stock Exchange Stock Listing Rules", in order to more truthfully and accurately reflect the Company's asset status and financial status as of December 31, 2025, the Company (including its subsidiaries, the same below) has, based on the principle of prudence, conducted a comprehensive inventory of inventories and other assets that may be impaired as of the end of 2025. Based on this inventory, provision for impairment is made for assets that may incur asset impairment losses.
2. Scope, Total Amount, and Reporting Period of Provision for Asset Impairment This Time
The total provision for asset impairment planned by the Company for 2025 is RMB 84.2218 million, with the following breakdown: