Stock Code: 002337 Stock Abbreviation: Sai Xiang Technology Announcement No.: 2026-020 Tianjin Sai Xiang Technology Co., Ltd. Announcement on Accrual or Reversal of Asset Impairment Provisions for the First Quarter of 2026
The Company and all members of the Board of Directors guarantee the authenticity, accuracy, and completeness of the information disclosed, 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 Self-Regulation Guidelines No. 1 - Business Handling: 4.1 Matters Related to Regular Report Disclosure," "Accounting Standards for Business Enterprises No. 8 - Asset Impairment," and the Company's accounting policies, to truthfully and accurately reflect the financial position, asset value, and operating results, Tianjin Sai Xiang Technology Co., Ltd. (hereinafter referred to as the "Company") conducted a comprehensive review and impairment test of various assets within the scope of the consolidated financial statements as of March 31, 2026. The recoverability of assets was fully analyzed and evaluated. Based on the principle of prudence, asset impairment provisions were accrued or reversed for assets with signs of impairment or reversal in the first quarter of 2026. The specific report is as follows:
I. Overview of Accrual or Reversal of Asset Impairment Provisions
Scope and Amount of Accrual or Reversal of Asset Impairment Provisions for This Period