002299SZSE

Announcement on Provision for Asset Impairment by Fujian Sunner Development Co., Ltd. for 2025

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Fujian Sunner Development Co., Ltd. announces its provision for asset impairment for 2025, totaling RMB 229.46 million. This provision, primarily for inventory write-downs, is deemed reasonable and reflects the company's prudent financial reporting. The impairment is expected to reduce net profit attributable to shareholders by RMB 229.46 million and equity by RMB 217.76 million.

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Securities Code: 002299 Securities Abbreviation: Sunner Development Announcement No.: 2026-014

Fujian Sunner Development Co., Ltd. Announcement on Provision for Asset Impairment by the Company for 2025

The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or material omissions.

Fujian Sunner Development Co., Ltd. (hereinafter referred to as the "Company"), in accordance with the "Accounting Standards for Business Enterprises," the "Shenzhen Stock Exchange Stock Listing Rules (2025 Revision)," and the "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guidelines No. 1 - Business Handling (2026 Revision)," announces the details of the asset impairment provisions made by the Company for 2025 as follows:

I. Overview of the Current Provision for Asset Impairment

  1. Reason for the Current Provision for Asset Impairment

In accordance with the requirements of the "Accounting Standards for Business Enterprises," the "Shenzhen Stock Exchange Stock Listing Rules (2025 Revision)," and other relevant rules, to truthfully and 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 conducted a comprehensive inspection and impairment test of various assets and made corresponding impairment provisions for assets within the scope of the consolidated financial statements as of December 31, 2025.

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