Securities Code: 002321 Securities Abbreviation: Huaying Agriculture Announcement No.: 2026-019
Henan Huaying Agriculture Development Co., Ltd. Announcement on Provision for Asset Impairment and Disposal of Part of Assets for 2025
The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or significant omissions.
Henan Huaying Agriculture Development Co., Ltd. (hereinafter referred to as the "Company") at the Fifth Meeting of the Eighth Board of Directors deliberated and passed the "Proposal on Provision for Asset Impairment and Disposal of Part of Assets for 2025". This proposal does not require submission to the Company's shareholders' meeting for deliberation. In accordance with the "Accounting Standards for Business Enterprises", the "Listing Rules of the Shenzhen Stock Exchange", and the Company's relevant accounting policies, based on the principle of prudence, the Company conducted a comprehensive inventory of various assets such as receivables, inventory, and fixed assets within the scope of the consolidated financial statements as of December 31, 2025. It fully assessed and analyzed the possibility of impairment for each asset, and made corresponding provision for impairment for assets with signs of impairment; and disposed of certain obsolete, damaged assets that are no longer usable. The specific situation is as follows:
I. Overview of the Provision for Credit and Asset Impairment This Time