Securities Code: 002333 Securities Abbreviation: Ropstain Announcement Number: 2026-012 Zhongyi Feng Ropstain Material Technology Co., Ltd. Announcement on Change of Accounting Policies
The Company and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
On April 22, 2026, the 28th meeting of the 6th Board of Directors of the Company, with 7 votes in favor, 0 votes against, and 0 abstentions, deliberated and approved the "Proposal on Change of Accounting Policies". This change in accounting policies does not require submission to the shareholders' meeting for deliberation. The specific content is hereby announced as follows:
I. Overview of the Change in Accounting Policies
- Reason for Change and Effective Date On December 5, 2025, the Ministry of Finance issued the "Notice on Printing and Distributing 'Enterprise Accounting Standards Interpretation No. 19'" (Cai Kuai [2025] No. 32) (hereinafter referred to as "Interpretation No. 19"), which stipulates the accounting treatment for "compensating assets in business combinations not under common control," "accounting treatment for capital reserves related to the disposal of subsidiaries acquired through business combinations under common control," "derecognition of financial liabilities settled by electronic payment systems," "assessment of the characteristics of contractual cash flows of financial assets and related disclosures," and "disclosure of equity instruments designated at fair value through other comprehensive income." In accordance with the requirements of the above documents, the Company will implement the relevant provisions of Interpretation No. 19 from January 1, 2026.