Suzhou Thvow Technology Co.Ltd(002564) : statement on the reasonableness of the provision of asset impairment loss in 2021 by the audit committee of the board of directors

Suzhou Thvow Technology Co.Ltd(002564)

Explanation on the rationality of the provision for asset impairment in 2021

As a member of the audit committee of the board of directors of Suzhou Suzhou Thvow Technology Co.Ltd(002564) Co., Ltd. (hereinafter referred to as “the company”), we have carefully considered the proposal on the provision for asset impairment in 2021 in accordance with the relevant provisions such as the Listing Rules of Shenzhen Stock Exchange, the guidelines for the operation of listed companies on Shenzhen Stock Exchange, and the accounting standards for Business Enterprises No. 8 – asset impairment, Based on prudent judgment, the following statement is issued:

The provision for asset impairment this time complies with the accounting standards for business enterprises and relevant accounting policies of the company, fully and fairly reflects the status of the company’s assets, reflects the changes of the national economic environment, and complies with the principle of accounting prudence. The provision for asset impairment this time is in line with the actual situation of the company. After the provision for asset impairment is withdrawn, the company’s financial position and asset value as of December 31, 2021 can be more fairly reflected, making the company’s accounting information more reasonable. Based on this, the audit committee of the board of directors agreed that the company had withdrawn a total of 1085334500 yuan of asset impairment reserves in 2021.

Audit Committee of the board of directors of Suzhou Suzhou Thvow Technology Co.Ltd(002564) Co., Ltd. March 22, 2022

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