Securities Code: 302132
Securities Abbreviation: AVIC Chengfei
Announcement Number: 2026-016
AVIC Chengfei 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.
On April 27, 2026, the Company held the tenth meeting of the eighth Board of Directors, where it reviewed and approved the proposal on the provision and reversal of asset impairment for the first quarter of 2026. In accordance with the Shenzhen Stock Exchange's GEM Listing Rules, the specific circumstances of this provision and reversal of asset impairment are announced as follows:
I. Provision and Reversal of Asset Impairment
(1) Reasons for Provision and Reversal of Asset Impairment
In accordance with the "Accounting Standards for Enterprises," the "Shenzhen Stock Exchange GEM Listing Rules," and the Company's accounting policies and estimates, the Company conducts quarterly tests for asset impairment. To more accurately reflect the Company's asset and financial status as of March 31, 2026, a comprehensive review of relevant assets was conducted, and impairment provisions were made for assets that may incur impairment losses.
(2) Scope and Amount of Provision and Reversal of Asset Impairment
The Company conducted a comprehensive review and impairment testing of assets that showed signs of potential impairment as of March 31, 2026. The assets subject to provision and reversal of impairment include accounts receivable, notes receivable, other receivables, contract assets, and inventory. The overall change in impairment provisions for various assets resulted in a reversal of 14,978,610.5 yuan, which includes a credit impairment loss provision of 3,227,024.3 yuan and an asset impairment loss reversal of 18,205,634.8 yuan. The specific details are as follows: