ENC(SH:603869) Zheng Quan Zhi Xing·2025-08-26 16:35Core Viewpoint - The company has announced a provision for asset impairment totaling 2,541,955.45 yuan for the first half of 2025, reflecting a cautious approach to accurately represent its financial status and asset value [1][5]. Summary by Relevant Sections Asset Impairment Provision - The company conducted a comprehensive review and impairment testing of assets as of June 30, 2025, leading to a total impairment provision of 2,541,955.45 yuan [1]. - Breakdown of the impairment provision includes: - Credit impairment losses: 1,728,408.11 yuan - Bad debt loss on notes receivable: 302,573.40 yuan - Bad debt loss on accounts receivable: -437,860.62 yuan - Bad debt loss on other receivables: 32,184.52 yuan - Bad debt loss on long-term receivables: 1,831,510.81 yuan - Asset impairment losses: 813,547.34 yuan - Contract asset impairment loss: 813,547.34 yuan [1]. Basis for Impairment Testing - The company follows the relevant provisions of the Accounting Standards for Business Enterprises and its accounting policies, measuring loss provisions based on expected credit losses over the entire duration of the assets [4]. - For receivables, the company assesses impairment based on objective evidence and conducts individual impairment tests when necessary [2][4]. Impact on Financial Statements - The total impairment provision of 2,541,955.45 yuan resulted in a reduction of the company's total profit for the first half of 2025 by the same amount [5]. - The board of directors and the supervisory board have confirmed that the decision to recognize the impairment provision is compliant with accounting standards and reflects the company's actual asset situation [5].