Securities Code: 300465 Securities Abbreviation: Gaoweida Announcement No.: 2026-029
Gaoweida Software Co., Ltd. Announcement on Accrual of Credit Impairment Provisions and Asset Impairment Provisions for 2025
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed herein, and there are no false records, misleading statements, or material omissions.
Gaoweida Software Co., Ltd. (hereinafter referred to as the "Company") held the 20th meeting of the Fifth Board of Directors on March 26, 2026, and reviewed and approved the "Proposal on Accrual of Credit Impairment Provisions and Asset Impairment Provisions for 2025". The details are as follows:
I. Overview of Accrual of Credit Impairment Provisions and Asset Impairment Provisions
- Reason for Accrual of Credit Impairment Provisions and Asset Impairment Provisions
To truly reflect the Company's financial position and asset value, in accordance with the "Enterprise Accounting Standards" and the Company's accounting policies, the Company conducted impairment tests and evaluations on accounts receivable, other receivables, inventory, contract assets, etc., that may show signs of impairment. Based on the test results and the principle of prudence, the Company proposes to accrue credit impairment provisions and asset impairment provisions for assets that may incur credit impairment losses and asset impairment losses.
- Scope and Amount of Assets for Accrual of Credit Impairment Provisions and Asset Impairment Provisions
After a comprehensive review and impairment test of assets with potential signs of impairment at the end of 2025 by the Company and its subsidiaries, the accrual of impairment provisions for various assets in 2025 reduced the total profit for the current period by 11,090.34 million yuan, reduced the net profit for the current period by 942.68 million yuan, and reduced the owner's equity at the end of the reporting period by 942.68 million yuan. The details are as follows: