002386SZSE

Announcement on Accrual and Reversal of Asset Impairment for January-March 2026

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Yibin Tianyuan Group Co., Ltd. announces its accrual and reversal of asset impairment for Q1 2026. The company will accrue and reverse RMB 2,034.10 million in impairment losses. This adjustment reflects the company's financial status and operating results, adhering to accounting standards and not impacting normal operations or shareholder interests.

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Securities Code: 002386 Securities Abbreviation: Tianyuan Shares Announcement No.: 2026-046 Bond Code: 524174.SZ Bond Abbreviation: 25 Tianyuan K1

Yibin Tianyuan Group Co., Ltd. Announcement on Accrual and Reversal of Asset Impairment for January-March 2026

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.

Yibin Tianyuan Group Co., Ltd. (hereinafter referred to as the "Company") has conducted a comprehensive inspection and impairment test on all assets within the scope of consolidation as of the end of March 2026, in accordance with the "Accounting Standards for Business Enterprises" and the Company's accounting policies. The analysis shows that the factors affecting the impairment of some assets previously accrued have improved, while some items still show impairment based on the test results, and new impairment provisions have been accrued accordingly.

I. Overview of Accrual and Reversal of Asset Impairment Provisions

In January-March 2026, the Company plans to accrue credit impairment losses and reverse asset impairment losses totaling RMB 2,034.10 million, as follows:

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