中原高速：2025年计提资产减值准备9.5亿元

Core Viewpoint - Zhongyuan Expressway (600020.SH) announced a total provision for credit impairment and asset impairment of 950.52 million yuan for the fourth quarter of 2025, significantly impacting the company's financial performance [1] Group 1: Impairment Provisions - The provision for bad debts on accounts receivable amounted to 31.19 million yuan, primarily due to the provision for bad debts related to government-collected toll revenue [1] - The provision for bad debts on other receivables was 6.26 million yuan, mainly due to the aging of accounts [1] - The inventory impairment provision totaled 911.34 million yuan, attributed to various real estate projects developed by the subsidiary Henan Jiaotong Yikang Investment Development Co., Ltd. [1] Group 2: Asset Impairment Losses - Fixed asset impairment losses were recorded at 578.80 thousand yuan, resulting from the write-off of fixed assets [1] - Intangible asset impairment losses amounted to 1.15 thousand yuan [1] - The total impairment provisions reduced the company's consolidated profit for the year 2025 by 950.52 million yuan [1]