Appo(SH:688007) Zheng Quan Zhi Xing·2025-08-29 14:20Overview - The company announced the recognition of asset impairment provisions for the first half of 2025, totaling RMB 38,048,675.46, to accurately reflect its financial status and operating results as of June 30, 2025 [1][2][3] Group 1: Asset Impairment Details - The total amount of credit impairment losses and asset impairment losses recognized for the first half of 2025 is RMB 38,048,675.46 [2][3] - Breakdown of impairment losses includes: - Bad debt losses from accounts receivable: RMB 3,092,880.73 - Inventory write-down losses: RMB 39,133,105.51 - Fixed asset impairment losses: RMB 1,219,939.40 [1][2] - The company conducted impairment testing based on expected credit losses for various financial assets, resulting in a total credit impairment loss of RMB 2,425,014.82 [1][2] Group 2: Compliance and Impact - The impairment provisions are in accordance with the "Enterprise Accounting Standards" and the company's accounting policies, ensuring a true and fair view of the financial situation [3] - The recognition of these impairment losses will reduce the company's consolidated profit for the first half of 2025 by RMB 38,048,675.46, excluding the impact of income tax [2][3] - The company asserts that this action will not affect its normal operations or harm the interests of shareholders, particularly minority shareholders [3]