Sanbian Sci-Tech Co., Ltd. Announcement on Accrual of Asset Impairment Provisions for 2025
Stock Code: 002112 Stock Abbreviation: Sanbian Sci-Tech Announcement No.: 2026-011
The Company and all members of the Board of Directors guarantee the authenticity, accuracy, and completeness of the disclosed information, and that there are no false records, misleading statements, or material omissions.
Sanbian Sci-Tech Co., Ltd. (hereinafter referred to as the "Company") held its Eighth Board of Directors' Fourth Meeting on April 23, 2026, and deliberated and passed the "Proposal on Accrual of Asset Impairment Provisions for 2025". The specific situation is hereby announced as follows:
I. Overview of Accrual of Asset Impairment Provisions for the Period
In accordance with the "Accounting Standards for Business Enterprises," "Shenzhen Stock Exchange Listed Company Self-Regulatory Management Guidelines No. 1 - Norms for Operation of Main Board Listed Companies," and the accounting policies of Sanbian Sci-Tech Co., Ltd. (hereinafter referred to as the "Company"), in order to more truthfully, accurately, and objectively reflect the Company's assets and operating conditions as of December 31, 2025, based on the principle of prudence, the Company conducted a comprehensive inventory and assessment of all assets within the scope of the consolidated financial statements. Corresponding impairment provisions were accrued for assets showing signs of impairment. In 2025, the Company accrued impairment losses of RMB 5,721,012.46, including credit impairment losses of RMB -8,835,629.34 and asset impairment losses of RMB 14,556,641.80. The specific situation is as follows: