002416SZSE

Announcement on Accrual of Asset Impairment Provisions for 2025

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Shenzhen Aishide Co., Ltd. announces its accrual of asset impairment provisions for 2025. The company conducted a comprehensive review of assets including inventory, receivables, and fixed assets. The total provisions decreased from RMB 71,086.43 million to RMB 63,609.17 million, impacting the 2025 profit by RMB 8,850.01 million.

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Securities Code: 002416 Securities Abbreviation: Aishide Announcement No.: 2026-007 Shenzhen Aishide Co., Ltd. Announcement on Accrual of Asset Impairment Provisions for 2025 The Company and all members of its Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or material omissions. Shenzhen Aishide Co., Ltd. (hereinafter referred to as the "Company") held its Sixth Board of Directors' Twenty-Fourth (Regular) Meeting on April 24, 2026, and approved the "Proposal on Accrual of Asset Impairment Provisions for 2025". In accordance with the "Shenzhen Stock Exchange Stock Listing Rules" and the "Articles of Association" and other relevant regulations, the above matter does not require submission to the shareholders' meeting for deliberation. The relevant situation is hereby announced as follows: In accordance with the "Enterprise Accounting Standards", "Stock Listing Rules", and other relevant laws and administrative regulations, the basis for the current accrual of asset impairment provisions is sufficient, which fairly reflects the Company's asset status, making the accounting information regarding the Company's asset value more true and reliable, and more reasonable. I. Overview of the Accrual of Asset Impairment Provisions for the Current Period

  1. Reason for the Accrual of Asset Impairment Provisions for the Current Period The accrual of asset impairment provisions for the current period is in accordance with the "Enterprise Accounting Standards" and the Company's accounting policies. The Company and its subsidiaries have conducted a comprehensive review of assets such as inventory, receivables, and fixed assets at the end of 2025. The net realizable value of various inventories, the recoverability of receivables, and the realizable value of fixed assets and intangible assets have been fully assessed and analyzed. Based on the principle of prudence, the Company needs to accrue impairment provisions for relevant assets where impairment losses may occur.
  2. Scope and Amount of Assets for Accrual of Asset Impairment Provisions for the Current Period During the reporting period, the scope of asset impairment provisions within the consolidated financial statements of the Company includes bad debt provisions, inventory price decline provisions, goodwill impairment provisions, etc. The opening balance was RMB 71,086.43 million, and the closing balance was RMB 63,609.17 million. The specific accrual situation of the Compa

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