Core Points - The company, Yian Technology (300328.SZ), announced a total provision for credit impairment and asset impairment of 11,311,805.45 yuan for the period from January to September 2025 [1] - The provisions primarily involve various asset categories including notes receivable, accounts receivable, other receivables, inventory, fixed assets, and goodwill [1] Summary by Category Credit and Asset Impairment - The provision for bad debts on notes receivable increased by 620,978.83 yuan, bringing the total to 1,637,407.08 yuan [1] - The inventory impairment provision for the period was 11,282,443.39 yuan, with write-offs of 9,810,918.64 yuan, resulting in a closing balance of 13,036,355.12 yuan [1] - The ending balance for fixed asset impairment provision was 6,384,382.24 yuan, while the goodwill impairment provision stood at 156,254,925.50 yuan [1] Financial Impact - The total provision for asset impairment reduced the company's profit before tax by 11,311,805.45 yuan for the period, which also correspondingly decreased the net asset value at the end of the reporting period [1] - The write-off of accounts receivable amounted to 368,769.26 yuan, which had already been fully provided for, thus having no significant impact on the current profit and loss [1]

Overview - The company announced the provision for impairment and write-off of assets for the first half of 2025, totaling 83,322,883.42 yuan [1][2][4] Impairment Provision Details - The company conducted impairment testing on various assets, including accounts receivable, notes receivable, other receivables, inventory, and contract assets, resulting in a total provision of 83,322,883.42 yuan for the first half of 2025 [1][3] - The breakdown of the impairment provision includes: - Credit impairment loss: -14,541,465.77 yuan - Other receivables bad debt loss: -1,134,405.66 yuan - Notes receivable bad debt loss: 45,094.67 yuan - Accounts receivable bad debt loss: -13,452,154.78 yuan - Asset impairment loss: -68,781,417.65 yuan, primarily due to inventory write-downs [2][3] Asset Write-off Details - The company wrote off accounts receivable totaling 433,779.76 yuan, with no write-off for other receivables, due to the inability to recover these amounts after three years of halted cooperation and multiple collection attempts [2][4] - The write-off period is from January 1, 2025, to June 30, 2025 [3] Financial Impact - The total provision for credit and asset impairment will reduce the company's profit for the first half of 2025 by 83,322,883.42 yuan [4] - The write-off of assets, amounting to 433,779.76 yuan, has already been accounted for in the bad debt provision, thus having no impact on the profit for the reporting period [4]