Taiji Computer Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions. The Company held the third meeting of the seventh Board of Directors on April 29, 2026, where it reviewed and approved the proposal on the provision for credit impairment losses and asset impairment losses for the year 2025. In accordance with the "Self-Regulatory Guidelines for Listed Companies No. 1 - Standardized Operations of Main Board Listed Companies" issued by the Shenzhen Stock Exchange, the specific circumstances are announced as follows:
I. Overview of Credit Impairment Losses and Asset Impairment Losses
In accordance with the "Accounting Standards for Enterprises" and the relevant provisions of the Company's accounting policies, to accurately reflect the Company's financial position, asset value, and operating conditions as of December 31, 2025, the Company conducted a comprehensive review and impairment testing of various assets within the scope of the consolidated financial statements. The total credit impairment losses and asset impairment losses recognized during the reporting period amounted to 872,650,900.45 yuan, detailed as follows:
| Category | Item | Provision for Impairment Losses in 2025 (yuan) |
|---|---|---|
| Credit Impairment Losses | Bad Debt Losses on Accounts Receivable | 265,963,425.09 |
| Bad Debt Losses on Other Receivables | 474,128,611.59 | |
| Bad Debt Losses on Notes Receivable | -107,117.80 | |
| Asset Impairment Losses | Impairment Losses on Contract Assets | 80,273,536.36 |
| Impairment Losses on Inventory and Contract Fulfillment Costs | 2,504,837.27 | |
| Impairment Losses on Goodwill | 49,887,607.94 | |
| Total | 872,650,900.45 |
II. Explanation of Credit Impairment Losses and Asset Impairment Losses
1. Credit Impairment Losses
The Company recognizes credit impairment losses based on expected credit losses for accounts receivable, notes receivable, and other receivables, applying the applicable measurement methods (general or simplified approach). The Company evaluates the credit risk of financial assets with significantly different credit risks on an individual basis. For assets with objective evidence of impairment, as well as other receivables, notes receivable, financing receivables, and long-term receivables, the Company conducts individual impairment testing and recognizes expected credit losses, making individual impairment provisions. For financial assets not assessed individually, the Company groups them based on common risk characteristics and assesses credit risk on a portfolio basis.
① Notes Receivable
The Company measures the loss provision for notes receivable based on expected credit losses over the entire duration. Based on the credit risk characteristics of notes receivable, they are divided into different portfolios: