Core Viewpoint - The company has conducted a comprehensive assessment of its assets and has made provisions for asset impairment to accurately reflect its financial status and operating results for the first half of 2025 [1][6]. Summary by Sections Asset Impairment Provision - The total amount of asset impairment provisions made by the company is CNY 26,516,371.18, which includes losses from inventory, contract assets, notes receivable, accounts receivable, and other receivables [1][2]. Breakdown of Asset Impairment - Inventory impairment loss amounted to CNY 2,572,385.04, while contract asset impairment loss was CNY 374,886.07. Accounts receivable impairment loss was CNY 23,669,868.40, and other receivables impairment loss was CNY 92,937.15 [1][2]. Financial Asset Impairment Explanation - The company uses a simplified measurement method for financial assets, measuring expected credit losses over the entire duration of the financial instruments. If the credit risk of a financial asset has not significantly increased since initial recognition, the loss provision is adjusted accordingly [3][5]. Inventory Impairment Preparation - Inventory is measured at the lower of cost and net realizable value, with provisions made when the cost exceeds the net realizable value. The company assesses the net realizable value based on estimated selling prices minus estimated costs and related taxes [6]. Impact of Impairment Provisions - The provisions for asset impairment will reduce the total profit for the consolidated financial statements for the first half of 2025. The provisions comply with accounting standards and reflect the company's actual financial situation [6][4]. Audit Committee Opinion - The Audit Committee believes that the provisions for impairment are in accordance with accounting standards and reflect the company's asset status and operating conditions fairly [6][4].
金龙羽: 关于2025年半年度计提及转回资产减值准备的公告