002502SZSE

Announcement on the Provision for Asset Impairment for the First Half of 2024

ST Dinglong Co., Ltd.··4 pages

✨ AI Summary

This announcement details the company's decision to recognize an asset impairment provision totaling 5.9507 million yuan as of June 30, 2024. The provision includes 0.8242 million yuan for credit impairment and 5.1264 million yuan for inventory write-downs. This action will reduce the net profit attributable to shareholders by 5.9093 million yuan for the first half of 2024.

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Full Translation

AI Translation· azure_openai

Securities Code: 002502
Securities Abbreviation: ST Dinglong
Announcement Number: 2024-060

Dinglong Culture Co., Ltd. (hereinafter referred to as "the Company" or "this Company") and all members of the Board of Directors guarantee that the content of the information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.

In accordance with the "Enterprise Accounting Standards," the "Shenzhen Stock Exchange Stock Listing Rules," and the Company's relevant accounting policies and estimates, the Company has conducted a comprehensive review and assessment of various assets within the scope of the consolidated financial statements as of June 30, 2024, based on the principle of prudence. The Company has recognized corresponding impairment provisions for assets showing signs of impairment. The relevant situation is announced as follows:

I. Overview of the Provision for Impairment

(1) Reasons for the Provision

Based on the "Enterprise Accounting Standards" and the Company's accounting policies and estimates, the Company has conducted impairment tests on accounts receivable, other receivables, inventory, long-term equity investments, and other assets within the scope of the consolidated financial statements as of June 30, 2024. Following the principle of prudence, the Company has recognized credit impairment losses and asset impairment provisions for assets that may show signs of impairment.

(2) Scope and Amount of the Provision

The assets for which the Company has recognized impairment provisions in the consolidated financial statements for the first half of 2024 mainly involve receivables, other receivables, and inventory. According to the results of the impairment tests, the total impairment/credit impairment provisions recognized by the Company for various assets in the first half of 2024 amount to 5.9507 million yuan, including 0.8242 million yuan for credit impairment provisions and 5.1264 million yuan for inventory write-downs. The specific situation is as follows:

Impairment ItemAmount of Impairment Recognized in the First Half of 2024Percentage of the Absolute Value of the Audited Net Profit Attributable to Shareholders of the Listed Company for 2023
Credit Impairment Provision0.8242 million yuan11.65%
- Accounts Receivable Bad Debt Provision0.4652 million yuan6.57%
- Other Receivables Bad Debt Provision0.3590 million yuan5.07%
Inventory Write-down Provision5.1264 million yuan72.45%
Total5.9507 million yuan84.10%

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