Announcement on Provision for Asset Impairment
Zhejiang Huaton Meat Products Co., Ltd. and all members of the board guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
In accordance with the relevant provisions of the "Enterprise Accounting Standards" and the "Self-Regulatory Guidelines for Listed Companies No. 1 - Standardized Operations of Main Board Listed Companies" of the Shenzhen Stock Exchange, to accurately reflect the company's financial condition, asset value, and operating results, the company conducted a comprehensive review and analysis of the impairment indications of relevant assets in the consolidated financial statements as of March 31, 2026, and made provisions for impairment losses on assets that may incur impairment losses, as detailed below:
I. Overview of the Provision for Asset Impairment
- Reason for the Provision
To more accurately reflect the company's asset status and operating results, the company (including subsidiaries) has conducted impairment testing on various assets as of March 31, 2026, based on the principle of prudence, and made provisions for impairment on assets that may incur impairment losses.