Great Wall International Acg Co.Ltd(000835) board of directors audit committee
Explanation on the rationality of the provision for asset impairment in 2021
In accordance with the company law of the people’s Republic of China, the accounting standards for business enterprises, the guidelines for self regulation of listed companies No. 1 – standardized operation of listed companies on the main board of Shenzhen Stock Exchange and other relevant laws and regulations, as a member of the audit committee of the board of directors of Great Wall International Acg Co.Ltd(000835) (hereinafter referred to as the “company”), we have verified the relevant materials for the provision for asset impairment, After careful consideration of the company’s proposal on the provision for asset impairment, the company’s provision for asset impairment is described as follows:
The company’s provision for asset impairment this time complies with and complies with the provisions of the accounting standards for business enterprises, relevant accounting policies of the company and the actual situation of the company’s assets. After the asset impairment test, the provision for impairment this time is made based on the principle of prudence and has sufficient basis. After the provision for asset impairment is made, the company’s 2021 financial statements can more fairly reflect the company’s financial status, asset value and operating results as of December 31, 2021, making the company’s accounting information more reasonable. Therefore, the company agrees to withdraw the provision for asset impairment this time Great Wall International Acg Co.Ltd(000835) board of directors audit committee March 25, 2022
