002367SZSE

Announcement on Change of Accounting Policies

✨ AI Summary

Kangli Elevator Co., Ltd. announces a change in accounting policies effective January 1, 2026, in accordance with the Ministry of Finance's "Notice on Issuing 'Enterprise Accounting Standards Interpretation No. 19'". This change is a reasonable adjustment and is not expected to materially impact the company's financial position or operating results, nor harm shareholder interests. The change has been reviewed and approved by the board of directors and the audit committee.

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Securities Abbreviation: Kangli Elevator Securities Code: 002367 Announcement No.: 202626

Kangli Elevator Co., Ltd. Announcement on Change of Accounting Policies

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 records, misleading statements, or material omissions.

Kangli Elevator Co., Ltd. (hereinafter referred to as the "Company") has changed its accounting policies in accordance with the requirements of the "Notice on Issuing 'Enterprise Accounting Standards Interpretation No. 19'" (Cai Kuai [2025] No. 32) issued by the Ministry of Finance of the People's Republic of China (hereinafter referred to as the "Ministry of Finance") (hereinafter referred to as "Interpretation No. 19"). This change will not have a significant impact on the Company's financial position, operating results, and cash flows.

The Company held the first meeting of the Seventh Board of Directors on May 11, 2026, and deliberated and passed the "Proposal on Change of Accounting Policies". This change in accounting policies does not require submission to the general meeting of shareholders for deliberation. The specific changes are as follows:

I. Overview of Changes in Accounting Policies

(I) Reason for Change

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