Stock Code: 002385 Stock Abbreviation: Dabeinong Announcement No.: 2026-042
Beijing Dabeinong Technology Group Co., Ltd. Announcement on Provision for Impairment and Write-off of Bad Debts for 2025
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.
In accordance with the "Accounting Standards for Business Enterprises," the "Shenzhen Stock Exchange Stock Listing Rules," the "Shenzhen Stock Exchange Listed Company Self-Regulatory Management Guidelines No. 1—Business Handling," and the relevant provisions of the accounting policies of Beijing Dabeinong Technology Group Co., Ltd. (hereinafter referred to as the "Company"), in order to truthfully and accurately reflect the Company's financial position and operating results as of December 31, 2025, the Company has conducted a comprehensive review and impairment test of various assets within the scope of the consolidated financial statements as of December 31, 2025. Provisions for credit impairment losses and asset impairment losses have been made for assets with impairment indications, and accounts receivable and other receivables that are expected to be irrecoverable have been written off. The specific situation is hereby announced as follows:
I. Overview of Provision for Impairment This Period (I) Overall Situation
After a comprehensive review and impairment test of assets within the scope of the Company's consolidated financial statements as of December 31, 2025, which may have impairment indications, such as accounts receivable, other receivables, inventory, intangible assets, biological assets, long-term equity investments, and goodwill, the Company plans to provide for credit impairment losses and asset impairment losses totaling RMB 867,178,055.21 during the reporting period. This will affect the Company's consolidated net profit by RMB -867,178,055.21. The specific situation is as follows: