002747SZSE

Announcement on Accrual of Asset Impairment Provisions and Recognition of Fair Value Change Gains and Losses for 2025

Estun Automation Co., Ltd.··4 pages

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Nanjing Estun Automation Co., Ltd. announces its 2025 asset impairment provisions and fair value changes. The company accrued RMB 18.31 million in asset impairment losses, reducing profit by the same amount. It also recognized RMB 24.03 million in fair value gains, increasing profit. These adjustments aim to provide a more accurate reflection of the company's financial status and performance.

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Stock Code: 002747 Stock Abbreviation: Estun Announcement No.: 2026-021

Nanjing Estun Automation Co., Ltd.

Announcement on Accrual of Asset Impairment Provisions and Recognition of Fair Value Change Gains and Losses for 2025

The Company and all members of the Board of Directors guarantee the content of the information disclosed is true, accurate, and complete, with no false records, misleading statements, or major omissions.

Nanjing Estun Automation Co., Ltd. (hereinafter referred to as the "Company") has, in accordance with the "Accounting Standards for Business Enterprises," the "Shenzhen Stock Exchange Stock Listing Rules," and the Company's accounting policies and accounting estimates, to truthfully and accurately reflect the Company's financial position and operating results for 2025, hereby announces the details of the accrual of asset impairment provisions and recognition of fair value change gains and losses for 2025 as follows:

I. Overview of Asset Impairment Provisions Accrued This Time

  1. Reason for Accruing Asset Impairment Provisions This Time

To objectively, truthfully, and accurately reflect the Company's financial position, asset value, and operating conditions as of December 31, 2025, based on the prudence principle, and in accordance with the "Accounting Standards for Business Enterprises" and the Company's relevant accounting treatment regulations, the Company and its subsidiaries within the scope of consolidated financial statements conducted impairment tests on their respective assets. Corresponding impairment provisions have been accrued for relevant assets within the scope of the consolidated financial statements as of December 31, 2025.

  1. Scope of Assets, Total Amount, and Reporting Period for Asset Impairment Provisions Accrued This Time
CategoryItemAmount incurred in the current period (RMB)
Credit impairment loss (loss shown with "-")Bad debt loss on accounts receivable-1,008,745.42
Bad debt loss on notes receivable1,575,157.90
Bad debt loss on other receivables-298,230.54
Asset impairment loss (loss shown with "-")Inventory price decline and contract performance cost impairment loss-17,190,393.23
Intangible asset impairment loss-105,716.64
Contract asset impairment loss-1,286,602.52
CategoryItemAmount incurred in the current period (RMB)
Total-18,314,530.45

The reporting period for the asset impairment provisions accrued this time is from January 1, 2025, to December 31, 2025.

  1. Specifics of Asset Impairment Provisions Accrued This Time

(1) Credit Impairment Provisions Accrual

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