Yantai Jere Oilfield Services Group Co., Ltd. announces a change in accounting policies based on the Ministry of Finance's "Accounting Standards Interpretation No. 19." This change, effective January 1, 2026, aligns with new regulations on topics like accounting for compensatory assets and financial liabilities. The company states this adjustment will not materially impact its financial position, operating results, or cash flows.
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Securities Code: 002353 Securities Abbreviation: Jere Corporation Announcement No.: 2026-033
Yantai Jere Oilfield Services Group Co., Ltd. Announcement on Changes to Accounting Policies
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 material omissions.
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