Securities Code: 002316 Securities Abbreviation: Yalian Development Announcement No.: 2026-009
Jilin Yalian Development Technology Co., Ltd. Announcement on Changes to Accounting Policies
The Company and the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or material 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 reviewed and approved the "Proposal on Changes to Accounting Policies." The relevant matters are hereby announced as follows:
I. Overview of the Current Accounting Policy Change
(I) Reason for the Accounting Policy Change
The Ministry of Finance of the People's Republic of China (hereinafter referred to as the "Ministry of Finance") issued the "Notice on Accounting Treatment Issues After the Implementation of the Company Law and Foreign Investment Law" (Cai Zi [2025] No. 101) on June 27, 2025, stipulating relevant contents regarding "Issues on Using Capital Reserve to Offset Losses," "Issues on Valuing Non-monetary Assets for Capital Contributions," and "Issues on the Disposal of Balances of Reserve Fund, Enterprise Development Fund, and Employee Bonus and Welfare Fund." This interpretation shall take effect from the date of issuance.
In accordance with the requirements of the aforementioned documents, the Company has made corresponding changes to its accounting policies.