Longi(SH:601012) Zheng Quan Zhi Xing·2025-08-22 15:16Summary of Key Points Core Viewpoint - Longi Green Energy Technology Co., Ltd. has announced the provision for asset impairment for the first half of 2025, reflecting a cautious approach to its financial status and operational results [1][2]. Group 1: Asset Impairment Provision Overview - The company plans to recognize a total impairment provision of 1,166.72 million yuan, primarily due to a decline in the prices of its main products [2]. - The impairment provision includes 48.73 million yuan for inventory and 25.45 million yuan for contract assets [2]. Group 2: Financial Impact - The impairment provision will fully impact the company's operating performance for the first half of 2025, reducing the consolidated net profit by 1,012.59 million yuan [2]. - The final amount of the impairment provision will be confirmed by the annual audit conducted by the accounting firm [2]. Group 3: Compliance and Approval - The audit committee of the board has approved the impairment provision, stating that it complies with the relevant accounting standards and internal financial management regulations [2]. - The committee believes that this provision will provide a more accurate reflection of the company's financial status and operational results, benefiting investors by offering reliable accounting information [2].