Securities Code: 002364 Securities Abbreviation: Zhongheng Electric Announcement No.: 2026-10
Hangzhou Zhongheng Electric Co., Ltd.
Announcement on Accrual of Asset Impairment Provisions and Write-off of Assets
The 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 representations, misleading statements, or material omissions.
Hangzhou Zhongheng Electric Co., Ltd. (hereinafter referred to as the "Company") in accordance with the "Accounting Standards for Business Enterprises," the "Shenzhen Stock Exchange Stock Listing Rules," and other relevant regulations, to truthfully and accurately reflect the Company's financial position, asset value, and operating results as of December 31, 2025, based on the principle of prudence, conducted a comprehensive review and impairment test of the Company's various assets, and accrued impairment provisions for assets with signs of impairment as of December 31, 2025. The specific situation is announced as follows:
I. Overview of the Accrual of Impairment Provisions This Period
The Company's accrued credit impairment provisions and asset impairment provisions for 2025 total RMB 14,738,051.36. The specific data is as follows:
| Item | 2025 Accrued Impairment Amount (RMB) |
|---|---|
| I. Credit Impairment Provisions | -16,267,356.34 |
| Of which: Accounts Receivable | -16,143,911.55 |
| Other Receivables | -905,586.73 |
| Notes Receivable | 782,141.94 |
| II. Asset Impairment Provisions | 31,005,407.70 |
| Of which: Inventory | 26,953,529.73 |
| Contract Assets | 639,101.10 |
| Goodwill | 3,412,776.87 |
| Total | 14,738,051.36 |