Zhejiang Power New Energy (SH:688184) Shang Hai Zheng Quan Bao·2025-10-30 22:24Core Points - The company has reported a total impairment loss of 88.455 million yuan for the first three quarters of 2025, reflecting a cautious approach to asset valuation [10][11][12] - The company has taken measures to address internal control deficiencies and has made significant management changes, including the resignation of key executives [40][41][54] - The company is actively pursuing the recovery of funds misappropriated by a former executive, totaling 191.338 million yuan, with some repayments already received [55][56] Financial Data - The company reported an impairment provision of 9.9328 million yuan for inventory and 56.4085 million yuan for fixed assets during the first three quarters of 2025 [8][10] - The total reduction in profit due to impairment provisions for the first three quarters is 88.455 million yuan [10][11] Management and Governance - The fourth board meeting of the company was held on October 29, 2025, where several key resolutions were passed, including the approval of the third-quarter report and the reappointment of the auditing firm [15][20][22] - The company has appointed a new management team, including a new chairman and general manager, to enhance governance and operational efficiency [40][41] Risk Management - The company has been under risk warning since May 6, 2025, due to a negative audit opinion on its internal controls for the 2024 financial year [37][38] - The company is implementing a comprehensive internal control review and has engaged third-party auditors to assist in identifying and rectifying deficiencies [39][54]