Guangdong Xiaomai Technology Co., Ltd.
Announcement on Provision for Impairment in 2025
This announcement is made to ensure the truthfulness, accuracy, completeness, and non-misleading nature of the information provided by the company and its board of directors.
According to the "Enterprise Accounting Standards" and the "Shenzhen Stock Exchange Listing Rules," the company proposes to make provisions for impairment of relevant assets. The current situation is as follows:
1. Overview of the Provision for Impairment
Based on the "Enterprise Accounting Standards" and the "Shenzhen Stock Exchange Listing Rules," the company plans to prepare for impairment as of December 31, 2025, totaling CNY 13,125.84 million. The details are as follows:
| Item | 2025 Provision Amount (CNY 10,000) |
|---|---|
| 1. Credit Impairment | -6,940.46 |
| - Receivables | -5,301.58 |
| - Other Receivables | -1,634.35 |
| - Notes Receivable | -4.53 |
| 2. Asset Impairment | -6,185.38 |
| - Fixed Asset Impairment | -2,485.49 |
| - Intangible Asset Impairment | -1,488.33 |
| - Investment Impairment | -667.50 |
| - Other Asset Impairment | -46.47 |
| Total | -13,125.84 |