002316SZSE

Announcement on Provision for Asset Impairment Losses

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Jilin Yalian Development Technology Co., Ltd. announced its provision for asset impairment losses totaling RMB 574.32 million for the year ended December 31, 2025. This provision includes RMB 678.03 million for credit impairment losses and RMB 103.71 million for asset impairment losses. The provision is expected to increase the company's net profit attributable to the parent by RMB 492.03 million.

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Securities Code: 002316 Securities Abbreviation: Yalian Development Announcement No.: 2026-007

Jilin Yalian Development Technology Co., Ltd. Announcement on Provision for Asset Impairment Losses

The Company and all members of the Board of Directors guarantee the content of this information disclosure is true, accurate, and complete, and contains no false records, misleading statements, or major omissions.

Jilin Yalian Development Technology Co., Ltd. (hereinafter referred to as the "Company") held the sixth meeting of the seventh Board of Directors on March 9, 2026, and deliberated and passed the "Proposal on Provision for Asset Impairment Losses." In accordance with the "Shenzhen Stock Exchange Stock Listing Rules" and other relevant regulations, the specific situation of the Company's provision for asset impairment losses this time is hereby announced as follows:

I. Overview of Provision for Asset Impairment Losses This Time

To more truthfully and accurately reflect the Company's financial position, in accordance with the relevant provisions of the "Enterprise Accounting Standards," the Company conducted a comprehensive review of assets within the scope of the consolidated financial statements as of December 31, 2025, and performed impairment tests on assets with impairment indicators. In accordance with the principle of prudence, the Company has made provisions for asset impairment and credit impairment losses totaling RMB -574.32 million for assets that may incur impairment losses, the details of which are as follows:

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