Huatong Meat(SZ:002840) Shang Hai Zheng Quan Bao·2025-11-07 21:12Core Viewpoint - The company has approved a change in accounting estimates that will enhance the accuracy of its financial reporting and is expected to positively impact its net profit and net assets for the fiscal year 2025 [3][15][20]. Group 1: Board Meeting - The fifth board meeting of the company was held on November 7, 2025, with all seven directors present, including independent directors participating via communication methods [2]. - The board unanimously approved the proposal to change certain accounting estimates, which aligns with relevant accounting standards and is expected to improve the quality of financial information [3][5][20]. Group 2: Supervisory Meeting - The fifth supervisory meeting was also held on November 7, 2025, with all three supervisors present, who supported the board's decision regarding the accounting estimate changes [9][10]. - The supervisory board confirmed that the proposal complies with legal regulations and does not harm the interests of the company or its shareholders [10][22]. Group 3: Accounting Estimate Change - The change in accounting estimates will take effect from October 1, 2025, and will not require retrospective adjustments to previously disclosed financial reports [16][18]. - The estimated impact of this change includes a reduction in fixed asset depreciation expenses by 1.5562 million yuan and an increase in net profit attributable to shareholders by 1.1672 million yuan for the year 2025 [15][18]. Group 4: Rationale and Compliance - The company justified the change in accounting estimates based on the rapid development of its business and improvements in construction technology, which necessitated a reassessment of the useful life of its fixed assets [17][19]. - Both the board and supervisory committee agreed that the changes reflect a more accurate representation of the company's financial status and comply with relevant accounting standards [20][21].