Securities Code: 002186 Securities Abbreviation: Quanjude Announcement No.: 2026-08
China Quanjude (Group) Co., Ltd. Announcement on Provision for Asset Impairment Losses for 2025
The Company and the Board of Directors guarantee the content of this information disclosure is true, accurate, and complete, and contains no false records, misleading statements, or significant omissions.
China Quanjude (Group) Co., Ltd. (hereinafter referred to as the "Company") has, in accordance with the "Accounting Standards for Business Enterprises" and the relevant regulations of the China Securities Regulatory Commission and the Shenzhen Stock Exchange on the provision for asset impairment losses, conducted a review of assets within the scope of the consolidated financial statements and performed impairment tests on assets with impairment indicators to accurately reflect the Company's financial position, asset value, and operating results as of December 31, 2025. Based on the principle of prudence, the Company has made relevant provisions for asset impairment losses. The specific situation is as follows:
I. Overview of the Provision for Asset Impairment Losses
In accordance with "Accounting Standards for Business Enterprises No. 8—Asset Impairment" and the Company's accounting policies, the Company has conducted a comprehensive inventory and impairment test of all assets within the scope of the consolidated financial statements and has made corresponding provisions for impairment losses on assets with impairment indicators as of December 31, 2025. Based on these investigations and tests, the Company made provisions for asset impairment losses of 335.77 million yuan in 2025. The specific situation is as follows: