Securities Code: 002362 Securities Abbreviation: Hanwang Technology Announcement No.: 2026-017
Hanwang Technology Co., Ltd. Announcement on Changes to Accounting Policies
This company and all members of the 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.
Hanwang Technology Co., Ltd. (hereinafter referred to as the "Company") held the thirteenth meeting of its seventh board of directors on March 26, 2026. The meeting deliberated and approved the "Proposal on Changes to Accounting Policies." In accordance with relevant regulations, this proposal does not need to be submitted to the shareholders' meeting for deliberation. This change in accounting policies will not have a significant impact on the Company's operating revenue and net profit for the year 2025. The specific situation is as follows:
I. Reasons for the Change in Accounting Policies
On December 5, 2025, the Ministry of Finance of the People's Republic of China (hereinafter referred to as the "Ministry of Finance") issued "Enterprise Accounting Standards Interpretations No. 19" (Cai Kuai [2025] No. 32) (hereinafter referred to as "Interpretation No. 19"), which stipulates that "Accounting Treatment of Compensatory Assets in Business Combinations Not Under Common Control," "Accounting Treatment of Capital Reserves from Disposal of Subsidiaries Acquired Through Business Combinations Under Common Control," "Derecognition of Financial Liabilities Using Electronic Payment Systems," "Evaluation of Cash Flow Characteristics of Financial Assets and Related Disclosures," and "Disclosure of Equity Instruments Designated at Fair Value Through Other Comprehensive Income" will be implemented from January 1, 2026.