- Securities Code: 002212
Securities Abbreviation: Tianrongxin
Announcement Number: 2026-021
Tianrongxin Technology Group Co., Ltd. Announcement on Provision and Reversal of Asset Impairment for the First Quarter of 2026
According to the relevant provisions of the "Enterprise Accounting Standards" and the accounting policies of Tianrongxin Technology Group Co., Ltd. (hereinafter referred to as "the Company"), and in accordance with the principle of prudence, the Company has made corresponding impairment provisions for assets showing signs of impairment within the scope of the consolidated financial statements as of March 31, 2026. The amount of this provision and reversal of asset impairment is based on preliminary calculations by the Company's finance department and has not been audited by an accounting firm; the final amount will be confirmed by the annual audit of the accounting firm. The specific situation is announced as follows:
I. Overview of the Provision and Reversal of Asset Impairment
(1) Reasons for Provision and Reversal, Scope of Assets, Total Amount, and Reporting Period
In accordance with the relevant provisions of the "Enterprise Accounting Standards" and the Company's accounting policies, and based on the principle of prudence, the Company conducted a comprehensive review of receivables, inventories, contract assets, long-term receivables, long-term equity investments, fixed assets, intangible assets, goodwill, and other assets within the scope of the consolidated financial statements as of March 31, 2026. The possibility of impairment for each asset was fully assessed and analyzed, and corresponding impairment provisions were made for assets showing signs of impairment. The amount of this provision and reversal of asset impairment is based on preliminary calculations by the Company's finance department and has not been audited by an accounting firm; the final amount will be confirmed by the annual audit of the accounting firm.
Based on the results of the assessment and analysis, the Company reversed credit impairment losses of CNY 9,233,975.92 and asset impairment losses of CNY 1,214,554.54, with the reporting period from January 1, 2026, to March 31, 2026. The details are as follows: