Securities Code: 002387 Securities Abbreviation: V-NISSIN Announcement No.: 2026-049 V-NISSIN Technology Co., Ltd. Announcement on Change of Accounting Policies
The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
V-NISSIN Technology Co., Ltd. (hereinafter referred to as the "Company") deliberated and approved the "Proposal on Change of Accounting Policies" at the 32nd meeting of the 7th Board of Directors held on April 28, 2026, and the 12th meeting of the 7th Board of Directors' Audit Committee held on April 27, 2026. This change in accounting policies is a corresponding adjustment to the Company's original accounting policies in accordance with the relevant regulations of the Ministry of Finance of the People's Republic of China (hereinafter referred to as the "Ministry of Finance"). This change is made in accordance with laws, administrative regulations, or the requirements of national unified accounting systems and does not require submission to the Company's shareholders' meeting for deliberation. The specific changes are as follows:
I. Overview of the Change in Accounting Policies
- Reason for Change
On December 5, 2025, the Ministry of Finance of the People's Republic of China (hereinafter referred to as the "Ministry of Finance") issued "Enterprise Accounting Standards Interpretation No. 19" (Cai Kuai [2025] No. 32) (hereinafter referred to as "Interpretation No. 19"), which stipulates that the accounting treatment of compensatory assets in business combinations under common control, the accounting treatment of relevant capital reserves when disposing of subsidiaries acquired through business combinations under common control, the termination of recognition of financial liabilities settled by electronic payment systems, the assessment of cash flow characteristics of financial assets and related disclosures, and the disclosure of equity instruments designated at fair value through other comprehensive income shall be implemented from January 1, 2026.