Xinjiang Communications Construction (SZ:002941) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2026-01-29 23:57Overall Situation - Xinjiang Transportation Construction Group Co., Ltd. has released its fourth quarter construction industry operating situation report for 2025, indicating that the data is preliminary and unaudited, which may differ from periodic report disclosures [1]. Major Project Performance - The report includes information on the performance of significant projects as of the reporting period, but specific details are not provided in the document [1]. Asset Impairment Provision - The company announced that its subsidiary, Hotan Land Port Hub Management Co., Ltd., will recognize an asset impairment provision totaling 83,326,539.15 yuan for the year 2025, following an evaluation of assets showing signs of impairment [3][4]. Details of Impairment Provision - The impairment provision includes 2,723,748.48 yuan for fixed assets, 26,430,860.44 yuan for intangible assets, 2,440,988.83 yuan for construction in progress, and 51,730,941.40 yuan for investment properties [5]. Audit Committee's Opinion - The company's audit committee has reviewed the asset impairment provision and deemed it compliant with accounting standards, ensuring that it accurately reflects the financial condition and operating results of the company as of December 31, 2025 [6]. Impact on Financials - The asset impairment provision will reduce the net profit attributable to shareholders of the listed company by 78,360,277.42 yuan, which represents 24.51% of the audited net profit for 2024 [7].