300042SZSE

Announcement on the Provision and Reversal of Asset Impairment for 2025

Netac Technology Co., Ltd.··3 pages

✨ AI Summary

Shenzhen Mingke Technology Co., Ltd. announced the provision and reversal of asset impairment for 2025. The company estimates provisions of 459.49 million yuan and reversals of 1.68 billion yuan across receivables, inventory, and other current assets. This adjustment is expected to increase the total amount for 2025 by 12.25 million yuan but is not anticipated to adversely affect profitability. The board confirmed these provisions align with financial policies and regulations.

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Shenzhen Mingke Technology Co., Ltd. (hereinafter referred to as "the Company") convened the 2026 Annual General Meeting on April 8, 2026, and approved the proposal regarding the provision and reversal of asset impairment for 2025, with details as follows:

I. Overview of the Asset Impairment Provision and Reversal

  1. Reasons for the Provision and Reversal of Asset Impairment

The provision and reversal of asset impairment are based on the company's financial planning and relevant policies. The company anticipates that by 2025, various assets will require impairment assessments. In this context, the company will conduct thorough evaluations to ensure the accuracy of the impairment provisions.

  1. Scope of the Provision and Reversal of Asset Impairment

The company estimates that for 2025, potential asset impairments may occur, including receivables, inventory, fixed assets, and other current assets, amounting to 459.49 million yuan for provisions and 1.68 billion yuan for reversals, detailed as follows:

ItemExpected AmountIncrease This PeriodReversalOtherRemaining Amount
Receivables24,676,467.28728,559.3625,405,026.64
Other Current Assets2,724,312.502,183,720.284,908,032.87
Inventory25,656,988.6316,694,138.405,144,544.58
Total57,496,914.014,594,930.1116,845,451.505,144,544.5840,101,848.04

II. Impact of the Provision and Reversal of Asset Impairment on the Company

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