ENC(SH:603869) Shang Hai Zheng Quan Bao·2025-10-28 23:10Core Viewpoint - The company has reported its asset impairment provisions for the first three quarters of 2025, indicating a careful assessment of its financial status and asset values, which has resulted in an increase in total profit due to the reversal of certain impairment losses [9][10][14]. Financial Data - The financial statements for the third quarter of 2025 have not been audited, and the company has provided key financial data in RMB [3][8]. - The company has confirmed that the financial information in the quarterly report is true, accurate, and complete, with no significant omissions [2][9]. Asset Impairment Provisions - The company conducted a comprehensive review and impairment testing of its assets as of September 30, 2025, leading to the recognition of impairment provisions based on the prudence principle [10]. - Specific amounts for impairment provisions include a reversal of bad debt losses for receivables totaling approximately 11.68 million RMB and for contract assets approximately 456,563 RMB, along with a provision for long-term receivables of approximately 2.64 million RMB [11]. Impact on Profit - The adjustments made for asset impairment provisions resulted in an increase of approximately 9.81 million RMB in the total profit for the first three quarters of 2025 [14].