Stock Code: 002337 Stock Abbreviation: SaiXiang Technology Announcement No.: 2026-017
Tianjin SaiXiang Technology Co., Ltd.
Announcement on the Fair Value Change of Other Non-current Financial Assets in 2025
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed herein, and there are no false records, misleading statements, or major omissions.
In accordance with the "Shenzhen Stock Exchange Stock Listing Rules," "Shenzhen Stock Exchange Listed Company Standard Operation Guide," "Accounting Standards for Business Enterprises No. 22 - Recognition and Measurement of Financial Instruments," and the Company's accounting policies, to truthfully and accurately reflect the financial position, asset value, and operating results, the Company conducted a comprehensive review of other non-current financial assets within the scope of the consolidated financial statements as of December 31, 2025. Based on the principle of prudence, fair value changes were recognized in 2025. The specific report is as follows:
I. Overview of Fair Value Change Recognition
In accordance with the requirements of "Accounting Standards for Business Enterprises," the Company should assess the fair value of other non-current financial assets at the end of the reporting period, and the fair value change should be included in the current period's fair value change gains and losses. To ensure the truthfulness and reliability of the fair value of other non-current financial assets, the Company engaged an intermediary in December 2025 to assess the value of other non-current financial assets held by the Company. A total impairment of RMB 13 million was assessed. The specific assessment results are as follows: