Securities code: 300433 securities abbreviation: Lens Technology Co.Ltd(300433) Announcement No.: pro 2022-010 Lens Technology Co.Ltd(300433)
Announcement on provision for impairment and write off of assets
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
1、 Provision for impairment and write off of assets this time
(I) provision for impairment
After the comprehensive inventory and impairment test of assets with possible signs of impairment in 2021, the company and its subsidiaries accrued various impairment reserves totaling 636048518.32 yuan, as shown in the following table:
Unit: RMB
The opening balance of the project and the foreign currency statement withdrawn in the current period are converted into the current period reversal or the ending balance to calculate the difference and write off
Bad debt provision – 460334849.67-255034819.98 -63630.82 21308163.21 183928235.66 accounts receivable
Bad debt provision – 26808275.89 8339458.42 – 253.13 1750179.02 33397302.16 other receivables
Inventory depreciation reserve 1112673144.14 781742197.14 -97393.77 948109236.99 946208710.52
Fixed assets minus 287715819.74 68646872.77 41151625.86 315211066.65 reserves
Construction in progress minus 22255080.15 32354809.97 13270595.38 41339294.74
Total 1909787169.59 636048518.32 -161277.721025589800.461520084609.73
1. Reversal of bad debt reserves
Since January 1, 2021, the company has changed the accounting estimation of the measurement of the provision for loss of accounts receivable. By the end of 2021, the company has withdrawn bad debt provision of -255034819.98 yuan for accounts receivable, reversed bad debt provision of 7395155.58 yuan, withdrawn bad debt provision of 8339458.42 yuan for other accounts receivable and reversed bad debt provision of 1474288 yuan. After withdrawing the reversed bad debt provision, The balance of relevant accounts is as follows:
(1) Based on the combination of common risk characteristics, the ending balance of bad debt provision withdrawn according to the aging combination is 180553642.72 yuan.
Unit: RMB
Ending balance of overdue aging accounts receivable
Proportion of bad debt provision of book balance (%)
Not overdue 9424699506.71 94246994.69 1.00
Overdue within 90 days (including 90 days) 186060282.41 9303013.98 5.00
91-180 days overdue (including 180 days) 132606161.64 39781847.83 30.00
Overdue 181-365 days (including 365 days) 783747.68 391873.84 50.00
Overdue for 1-3 years 25392410.75 25392410.75 100.00
Overdue for more than 3 years — 100.00
Total 9769542109.19 169116141.09
Overdue aging and ending balance of other receivables
Proportion of bad debt provision of book balance (%)
Not overdue 370354340.22 3703542.79 1.00
Overdue within 90 days (including 90 days) 599625.48 29981.80 5.00
91-180 days overdue (including 180 days) 43485.63 13045.66 30.00
Overdue 181-365 days (including 365 days) 14747746.28 7373872.70 50.00
1-3 years overdue 187501.52 187501.28 100.00
Overdue for more than 3 years 129557.60 129557.40 100.00
Total 386062256.73 11437501.63
(2) The ending balance of individual assessment of credit risk and separate provision for bad debts is 36771895.10 yuan.
Unit: RMB
Company name book amount bad debt provision accrual proportion reason
（%）
Beijing hammer Digital Technology Co., Ltd. 10784779.83 10784779.83 100 business condition deteriorated and fully accrued (accrued in previous years)
Shenghua Technology Co., Ltd. 1999483.15 1999483.15 100 has been bankrupt and liquidated (accrued in previous years)
Jiangmen Funing Electronic Technology Co., Ltd. 1361373.50 1361373.50 100 has been liquidated
company
Shenzhen online printing giant Electromechanical Equipment Co., Ltd. 4997748.78 4997748.78 100 enterprise bankruptcy (withdrawn by the provision Co., Ltd. in previous years)
Shenzhen Nuofeng photoelectric equipment has 8934000.00, 8934000.00 and 100 disputed, which is expected to be unrecoverable
Limited company
Changsha Weiwo Machinery Manufacturing Co., Ltd. 1515870.00 1515870.00 100 is controversial and is expected to be unrecoverable (accrued in the previous year of the company)
Hunan qianzhizhen medical devices has 1670000.00, 1670000.00 and 100 have been subject to civil mediation
Limited company
Changsha LIANLI Industrial Co., Ltd. 1273095.00 1273095.00 100 is controversial and is expected to be unrecoverable
Ruihua high tech electronic industrial park 885741.29 885741.29 100 is controversial and is expected to be unrecoverable (based on the provision made by (Xiamen) Co., Ltd. in the previous year)
Dongguan Changchun glass technology has 1250000.00 1250000.00 100 disputed and is expected to be unrecoverable (subject to the provision made by the company in the previous year)
Other 2099803.55 2099803.55 100 are disputed and are not expected to be recovered
Total 36771895.10 36771895.10 100
(3) Reversal of bad debt reserves
The company and its subsidiaries transferred and responded to the bad debt provision of receivables of 8869443.58 yuan in the current period, of which Beijing hammer Digital Technology Co., Ltd. fully accrued the bad debt provision of 27131066.01 yuan in previous years, recovered 11346286.18 yuan in 2020 and 5000000 yuan in 2021.
2. Provision for inventory falling price
The company and its subsidiaries withdraw inventory falling price reserves of 781742197.14 yuan according to the lower of inventory cost and net realizable value.
Unit: RMB
Increase in current year decrease in current year
The opening balance of the project is withdrawn and the foreign currency statement is converted into the ending balance
Calculate difference
Raw materials 77576046.18 31859315.36 -79316.82 55706190.38 53649854.34
Self made semi-finished products 396415067.84 196610216.98 350409799.05 242615485.77
Finished products 622306576.91 537613583.19 529809492.16 630110667.94
Revolving materials 5961886.13 12298692.32 11496766.99 6763811.46
Issued goods 10385249.65 2834268.32 -18076.95 303489.12 12897951.90
Others 28317.43 526120.97 383499.29 170939.11
Total 1112673144.14 781742197.14 -97393.77 948109236.99 946208710.52
3. Provision for impairment of fixed assets
This time
