300776SZSE

Announcement on Provision for Credit Impairment and Asset Impairment for 2025

✨ AI Summary

Wuhan Dier Laser Technology Co., Ltd. announced a provision for credit and asset impairment totaling 120,034,831.22 yuan for the fiscal year ending December 31, 2025. This provision reflects the company's financial condition and asset value in accordance with accounting standards. The decision aims to ensure accurate and reliable financial reporting.

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Full Translation

AI Translation· azure_openai

Wuhan Dier Laser Technology 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 false records, misleading statements, or significant omissions.

In accordance with the "Shenzhen Stock Exchange GEM Listing Rules," "Shenzhen Stock Exchange Self-Regulatory Guidelines No. 2 - Standard Operation of GEM Listed Companies," "Enterprise Accounting Standards," and other relevant regulations, the Company has made provisions for impairment of relevant assets within the scope of the consolidated financial statements as of December 31, 2025. The specific situation is announced as follows:

I. Overview of the Provision for Credit Impairment and Asset Impairment

To accurately reflect the Company's financial condition, asset value, and operating situation, and based on the principle of prudence, the Company has made provisions for credit impairment and asset impairment for relevant assets that may be impaired as of December 31, 2025, as follows:

CategoryItemProvision Amount (Yuan)
Credit Impairment LossBad Debt Loss on Notes Receivable6,853,379.78
Bad Debt Loss on Accounts Receivable91,233,147.28
Bad Debt Loss on Other Receivables-539.95
Subtotal98,085,987.11
Asset Impairment LossInventory Write-down Loss20,760,052.74
Contract Asset Impairment Loss1,188,791.37
Subtotal21,948,844.11
Total120,034,831.22

II. Confirmation Standards and Provision Methods for Credit Impairment and Asset Impairment

  1. Confirmation Standards and Provision Methods for Inventory Write-down
    At the balance sheet date, inventory should be measured at the lower of cost and net realizable value. When the cost of inventory exceeds its net realizable value, a write-down provision should be made. The net realizable value is defined as the estimated selling price of the inventory in the ordinary course of business, less estimated costs to complete and sell the inventory, estimated selling expenses, and related taxes.

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