Autel(SH:688208) Zheng Quan Zhi Xing·2025-03-28 14:51Summary of Key Points Core Viewpoint - Shenzhen Daotong Technology Co., Ltd. announced the provision for asset impairment losses for the fourth quarter of 2024, totaling RMB 31,640,952.58, in accordance with accounting standards and company policies [1][2]. Group 1: Impairment Provision Overview - The company conducted impairment testing on assets showing signs of impairment as of December 31, 2024, resulting in a total provision of RMB 31,640,952.58 for various credit impairment losses and asset impairment losses [1][2]. - The breakdown of the impairment provision includes credit impairment losses of RMB 90,865.23 and asset impairment losses of RMB 31,550,087.35, primarily due to inventory write-downs [2]. Group 2: Specifics of Impairment Losses - Credit impairment losses were calculated based on expected credit losses for notes receivable, accounts receivable, and other receivables, amounting to RMB 90,865.23 [2]. - Asset impairment losses were assessed for long-term assets and inventory, where the cost exceeded the net realizable value, leading to a provision of RMB 31,550,087.35 for inventory write-downs [2]. Group 3: Impact and Compliance - The impairment provisions are in compliance with the relevant accounting standards and reflect the company's financial status and operational results accurately as of December 31, 2024, without affecting normal operations [2].