Securities Code: 002102 Securities Abbreviation: Nute Technology Announcement No.: 2026-021
Hubei Nute Technology Co., Ltd. Announcement on Accruing Asset Impairment Provisions
The Company and all members of its Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false representations, misleading statements, or material omissions.
In accordance with the "Equity Listing Rules of the Shenzhen Stock Exchange," "Shenzhen Stock Exchange Listed Company Self-Regulation Guidelines No. 1 - Normative Operation of Main Board Listed Companies," and other relevant laws, regulations, normative documents, and the "Articles of Association," based on the principle of prudence, Hubei Nute Technology Co., Ltd. (hereinafter referred to as the "Company") will accrue asset impairment provisions within the scope of the consolidated financial statements for the year 2025. The specific details are as follows:
I. Overview of the Accrual of Asset Impairment Provisions This Time
- Reason for Accruing Asset Impairment Provisions This Time
To objectively, truthfully, and accurately reflect the Company's financial position, asset value, and operating conditions as of December 31, 2025, based on the principle of prudence and in accordance with the "Enterprise Accounting Standards" and the Company's relevant accounting treatment regulations, the Company (including its subsidiaries within the consolidated statements, hereinafter referred to as the same) has conducted a comprehensive review of various assets as of December 31, 2025, performed impairment tests on relevant assets, and accrued corresponding asset impairment provisions as required.