Securities Code: 301338 Securities Abbreviation: Kaige Precision Machinery Announcement No.: 2026-008
Dongguan Kaige Precision Machinery Co., Ltd. Announcement on Provision of Asset Impairment Losses for 2025
The Company and all members of the Board of Directors guarantee the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
Dongguan Kaige Precision Machinery Co., Ltd. (hereinafter referred to as the "Company") held the fourth meeting of the third Board of Directors on April 24, 2026, and reviewed and approved the "Proposal on the Provision of Asset Impairment Losses for 2025." In accordance with the "Self-Regulatory Guidelines for Listed Companies on the Shenzhen Stock Exchange No. 2 - Standardized 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 for 2025, including credit impairment losses and asset impairment losses. The specific situation is announced as follows:
I. Overview of the Provision of Asset Impairment Losses
In accordance with "Enterprise Accounting Standards" and the Company's accounting policies, to objectively and fairly reflect the Company's financial position as of December 31, 2025, and its operating results for 2025, based on the principle of prudence, the Company conducted a review and impairment test of assets as of December 31, 2025, and made provisions for impairment losses on relevant assets that may incur impairment. The total provision for various asset impairment losses in 2025 is RMB 31.4128 million, as detailed in the table below: