Announcement on Changes to Accounting Policies
Securities Code: 002351 Securities Abbreviation: Edifier Announcement No.: 2026-016
Shenzhen Edifier Technology Co., Ltd.
Announcement on Changes to Accounting Policies
The Company and all members of its Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or major omissions.
Special Reminder: Shenzhen Edifier Technology Co., Ltd. (hereinafter referred to as the "Company") is making this accounting policy change in accordance with the relevant regulations issued by the Ministry of Finance of the People's Republic of China (hereinafter referred to as the "Ministry of Finance"). This change does not require submission for review by the Company's Board of Directors and Shareholders' Meeting. This accounting policy change will not have a significant impact on the Company's financial position, operating results, and cash flows, does not involve retrospective adjustments for previous periods, and does not harm the interests of the Company and its shareholders.
I. Overview of Accounting Policy Changes
1. Reason for Change
On December 19, 2025, the Ministry of Finance issued the "Notice on Printing and Distributing the 'Enterprise Accounting Standards Interpretation No. 19'" (Cai Kuai [2025] No. 32) (hereinafter referred to as the "Interpretation No. 19"), which stipulates that the interpretations regarding "Accounting Treatment of Compensatory Assets in Business Combinations Not Under Common Control," "Accounting Treatment of Capital Reserve Related to the Disposal of Subsidiaries Acquired Through Business Combinations Under Common Control," "Termination of Recognition of Financial Liabilities Settled Through Electronic Payment Systems," "Assessment of Contractual Cash Flow Characteristics of Financial Assets and Related Disclosures," and "Disclosure of Equity Instruments Designated at Fair Value Through Other Comprehensive Income" shall take effect from January 1, 2026.