大族激光科技产业集团股份有限公司第八届董事会第十一次会议决议公告

Core Viewpoint - The company has approved changes to its accounting estimates regarding expected credit losses on receivables to better reflect actual credit risks and financial conditions, effective from October 1, 2025 [10][14]. Group 1: Meeting Overview - The 11th meeting of the 8th Board of Directors was held on November 28, 2025, with all 12 directors present, chaired by Mr. Gao Yunfeng [1][3]. - The meeting complied with the Company Law of the People's Republic of China and the company's articles of association [1]. Group 2: Accounting Estimate Change - The change in accounting estimates was approved to address the inadequacy of the previous expected credit loss rates in reflecting actual credit risks [10][11]. - The company will categorize receivables based on customer types, specifically separating listed companies and Fortune 500 companies from other customers for more accurate credit loss estimation [12][14]. - The expected credit loss rates for receivables will be adjusted without retrospective application, meaning no impact on previously disclosed financial statements [14][15]. Group 3: Financial Impact - The company anticipates an increase in total profit of approximately 110 million yuan for the fourth quarter of 2025 due to the accounting estimate change [14]. Group 4: Audit Committee Review - The Audit Committee reviewed and approved the accounting estimate change on November 19, 2025, affirming that it would provide more reliable and accurate financial information [15][16].