中科星图股份有限公司

Core Viewpoint - The company has announced the provision for asset impairment for the first half of 2025, totaling approximately 91.58 million yuan, reflecting a cautious approach to accurately represent its financial condition and operational results as of June 30, 2025 [1][6]. Group 1: Asset Impairment Provision Overview - The company convened its board meeting on August 28, 2025, to approve the asset impairment provision, which does not require shareholder approval [1]. - The total provision for credit and asset impairment for the first half of 2025 amounts to 91,575,982.31 yuan [2][6]. Group 2: Credit Impairment Losses - For the period from January to June 2025, the company recognized credit impairment losses totaling 76,901,741.81 yuan, primarily due to bad debts from notes receivable, accounts receivable, and other receivables [2][5]. - The company measures credit loss provisions based on expected credit losses over the entire duration of the financial instruments [2][3]. Group 3: Asset Impairment Losses - The company recorded asset impairment losses of 14,674,240.50 yuan for the first half of 2025, mainly related to contract assets and other non-current asset impairments [5]. - The impairment testing for contract assets is conducted using the expected credit loss method [5]. Group 4: Impact of Impairment Provision - The total provision for asset impairment will reduce the company's consolidated profit by the same amount, impacting the equity at the end of the reporting period [6]. Group 5: Board and Audit Committee Opinions - The Audit Committee believes that the asset impairment provision aligns with the principles of prudence and complies with accounting standards, providing a more accurate reflection of the company's asset status [7]. - The Board of Directors supports the provision, stating it is based on actual asset conditions and will provide a fair representation of the company's financial status and operational results [8]. Group 6: Supervisory Board Meeting - The Supervisory Board held its eighth meeting on August 28, 2025, to review the half-year report and the use of raised funds, confirming compliance with relevant laws and regulations [9][10][12]. - The meeting concluded with unanimous approval of the reports, ensuring transparency and adherence to regulatory requirements [11][13].