科沃斯机器人股份有限公司关于对参股公司会计核算方法变更的公告

Core Viewpoint - The company has announced a change in the accounting method for its equity investment in Shanghai XianGong Intelligent Technology Co., Ltd., transitioning from the equity method to fair value measurement, which is expected to increase net profit for the first quarter of 2025 by 110.81 million yuan [1][4][5]. Group 1: Change in Accounting Method - The reason for the change in accounting method is due to the restructuring of the board of directors at Shanghai XianGong, resulting in the company no longer having significant influence over it [1][2]. - Prior to the change, the investment was reported as a long-term equity investment using the equity method for subsequent measurement [2]. - After the change, the investment will be classified as a financial asset measured at fair value, with changes recognized in the current profit and loss [2][3]. Group 2: Impact of the Change - The change in accounting method is expected to result in an increase in the company's net profit for the first quarter of 2025 by 110.81 million yuan [4][5]. - The board of directors approved the change with a unanimous vote of 9 in favor, with no abstentions or opposition [5]. - The supervisory board also reviewed and approved the change, confirming compliance with relevant accounting standards and regulations [6][11].