BGRIMMTEC(SH:600980) Zheng Quan Zhi Xing·2025-03-31 11:22Core Viewpoint - The company has announced the provision for asset impairment and asset write-off, totaling 30,925,746.26 yuan, to accurately reflect its financial status and operational results as of December 31, 2024 [1][8]. Summary by Relevant Sections Asset Impairment Provision and Write-off Overview - The company conducted a comprehensive review and impairment testing of assets showing signs of impairment, leading to the provision for impairment and write-off of various assets [1][8]. - The total impairment provision includes amounts for accounts receivable, notes receivable, other receivables, inventory, contract assets, fixed assets, and construction in progress [1][2]. Specifics of Impairment Provision - The breakdown of the impairment provision is as follows: - Credit impairment losses total 4,932,555.65 yuan, with accounts receivable accounting for 4,263,958.60 yuan [2][3]. - Asset impairment losses total 25,993,190.61 yuan, including: - Inventory impairment provision of 747,777.77 yuan - Contract asset impairment provision of 1,845,264.94 yuan - Fixed asset impairment provision of 15,774,276.62 yuan - Construction in progress impairment provision of 7,625,871.28 yuan [2][7]. Write-off of Assets - The company has written off accounts receivable totaling 1,006,324.83 yuan and disposed of fixed assets with no use value, resulting in a net gain of 141,596.76 yuan from fixed asset disposal [7][8]. - The write-off of intangible assets resulted in no gain or loss, as the original value was fully amortized [8]. Impact on Financials - The impairment provision will reduce the company's total profit for 2024 by 30,925,746.26 yuan, while the asset write-off will increase the total profit by 141,596.76 yuan [8][9]. Approval Process - The audit committee reviewed the materials and confirmed that the impairment provision and asset write-off comply with accounting standards and reflect the company's financial situation accurately [8][9].