002800SZSE

Announcement on Provision for Asset Impairment for the Year 2025

Tianshun Co., Ltd.·February 27, 2026

✨ AI Summary

This announcement details the provision for asset impairment by Xinjiang Tiensheng Supply Chain Co., Ltd. for the year 2025, amounting to RMB 19.1868 million. The provision includes credit impairment losses primarily from receivables and inventory. The impact on net profit attributable to the parent company is a reduction of RMB 18.3852 million, reflecting a more accurate financial status as of December 31, 2025.

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Full Translation

AI Translation· azure_openai

Securities Code: 002800
Securities Abbreviation: Tiensheng Co.
Announcement Number: 2026-005

Xinjiang Tiensheng Supply Chain Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

In order to accurately reflect the Company's financial condition and operating results for the year 2025, Xinjiang Tiensheng Supply Chain Co., Ltd. has conducted a thorough review and analysis of its assets, including inventory, receivables, and other receivables, in accordance with the "Enterprise Accounting Standards" and the "Self-Regulatory Guidelines for Listed Companies No. 1 - Business Handling" issued by the Shenzhen Stock Exchange. The Company needs to make provisions for asset impairment losses for relevant assets that may incur impairment. The specific situation is announced as follows:

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