Securities Code: 002384 Securities Abbreviation: Dongshan Precision Announcement Number: 2026-014
Suzhou Dongshan Precision Manufacturing 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 contains no false records, misleading statements, or major omissions.
Suzhou Dongshan Precision Manufacturing Co., Ltd. (hereinafter referred to as the "Company") held its 33rd meeting of the Sixth Board of Directors on April 20, 2026, and approved the "Proposal on Changes to Accounting Policies." Based on the "Accounting Standards Interpretation No. 19" issued by the Ministry of Finance, the accounting policies have been changed accordingly. This change in accounting policies does not require submission to the Company's shareholders' meeting for deliberation. The specific situation is hereby announced as follows:
I. Overview of the Changes to Accounting Policies
(I) Reason for the Changes to Accounting Policies
On December 19, 2025, the Ministry of Finance issued "Accounting Standards Interpretation No. 19" (Cai Kuai [2025] No. 32), which stipulates the accounting treatment for "compensating assets in business combinations not under common control," "accounting treatment for relevant capital reserves when disposing of subsidiaries acquired through business combinations under common control," "derecognition of financial liabilities settled by electronic payment systems," "assessment of contractual cash flow characteristics of financial assets and related disclosures," and "disclosure of equity instruments designated at fair value through other comprehensive income." This interpretation will take effect from January 1, 2026.