300828SZSE

Announcement on Provision for Asset Impairment for the Year 2025

Ruixin Technology Co., Ltd.··4 pages

✨ AI Summary

The company announced the approval of a provision for asset impairment amounting to CNY 3,375,901.46 for the year ending December 31, 2025. This decision was made to accurately reflect the company's financial condition and asset value. The provision will reduce the net profit attributable to shareholders by CNY 2,716,063.34. The audit committee and board of directors have both agreed on the appropriateness of this provision.

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Full Translation

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The company and all members of the board guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
Securities Code: 300828
Securities Abbreviation: Ruixin Technology
Announcement Number: 2026-018

Tianjin Ruixin Chang Technology Co., Ltd. (hereinafter referred to as "the Company") held the sixth meeting of the seventh board of directors on March 28, 2026, where it reviewed and approved the proposal on the provision for asset impairment for the year 2025. In accordance with the "Enterprise Accounting Standards," "Shenzhen Stock Exchange GEM Listing Rules," and other relevant regulations, and based on the principle of prudence, the Company will make provisions for impairment of relevant assets within the scope of the consolidated financial statements as of December 31, 2025, to accurately reflect the Company's financial condition and asset value. The relevant information is announced as follows:

1. Overview of the Provision for Impairment

  1. Reasons for the Provision
    According to the "Enterprise Accounting Standards" and the Company's relevant accounting policies, and based on the principle of prudence, the Company conducted a comprehensive review and impairment testing of accounts receivable, other receivables, notes receivable, inventory, intangible assets, and other assets within the scope of the consolidated financial statements as of the end of 2025. The Company assessed and analyzed the recoverability of receivables and the net realizable value of various inventories, and made provisions for impairment losses on relevant assets that may incur impairment losses.

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