301178SZSE

Announcement on Provision for Asset Impairment for the Year 2025

Tianyi Ma Co., Ltd.·

✨ AI Summary

The announcement details Guangdong Tianyi Ma Information Industry Co., Ltd.'s decision to recognize an asset impairment provision totaling CNY 32,545,061.27 for the year 2025. This provision will reduce the company's total profit for the year and has been approved by the board of directors. The impairment assessment was conducted in accordance with accounting standards and company policies.

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Full Translation

AI Translation· azure_openai

Guangdong Tianyi Ma Information Industry Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

To reflect the true and objective financial status of Guangdong Tianyi Ma Information Industry Co., Ltd., the Company has made provisions for asset impairment in accordance with the "Enterprise Accounting Standards" and relevant regulations of the Shenzhen Stock Exchange for the consolidated financial statements for the year 2025. This matter was approved at the fifth meeting of the fourth Board of Directors held on March 30, 2026. The relevant details are announced as follows:

1. Overview of the Asset Impairment Provision

In accordance with the "Enterprise Accounting Standards" and the Company's accounting policies, and adhering to the principle of prudence, the Company conducted impairment testing on accounts receivable, other receivables, inventory, fixed assets, long-term equity investments, and intangible assets within the scope of the consolidated financial statements as of the end of 2025. Signs of potential impairment were identified, and asset projects requiring impairment provisions were determined. Based on the principle of prudence, the Company has made provisions for impairment losses on relevant assets.

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