Ningbo Zhongdali Intelligent Transmission 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, without any false records, misleading statements, or significant omissions.
In order to accurately reflect the Company's financial condition and operating results for the fiscal year 2025, the Company has made provisions for impairment of assets that are likely to incur significant impairment losses, in accordance with the "Self-Regulatory Guidelines for Listed Companies No. 1 - Standardized Operations of Main Board Listed Companies" and "Enterprise Accounting Standards" and other relevant regulations. The specific circumstances are announced as follows:
I. Overview of the Provision for Asset Impairment
(1) Reasons for the Provision
In accordance with the relevant provisions of the "Enterprise Accounting Standards," to more accurately reflect the Company's assets and financial condition as of December 31, 2025, the Company and its subsidiaries conducted a comprehensive review, analysis, and assessment of assets such as inventory, receivables, and other receivables. Following impairment testing, the Company made provisions for impairment of relevant assets as stipulated by the "Enterprise Accounting Standards."
(2) Scope and Amount of the Provision
The reporting period for the provision is from January 1, 2025, to December 31, 2025. The Company and its subsidiaries conducted a comprehensive review and impairment testing of assets that may show signs of impairment at the end of 2025 (including receivables, inventory, fixed assets, and other types of assets) and made provisions for impairment losses. The total provision for asset impairment for the fiscal year 2025 amounts to CNY 16,535,642.95, detailed as follows: