Securities code: Guangdonghectechnologyholdingco.Ltd(600673) securities abbreviation: Guangdonghectechnologyholdingco.Ltd(600673) No.: Lin 202238 bond Code: 163049 bond abbreviation: 19 dongke 02
Guangdonghectechnologyholdingco.Ltd(600673)
Announcement on the provision for asset impairment in 2021
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents. 1、 Overview of provision for asset impairment
In order to truly reflect the financial situation of Guangdonghectechnologyholdingco.Ltd(600673) (hereinafter referred to as "the company"), in accordance with the accounting standards for business enterprises, the company's accounting policies and other relevant provisions, and based on the principle of prudence, the company conducted an impairment test on the relevant assets within the scope of consolidated statements that need to be depreciated as of December 31, 2021, and made corresponding depreciation and impairment reserves for inventories, accounts receivable, goodwill and other assets with signs of impairment, The details are as follows:
Amount of provision for impairment of the project (10000 yuan)
Credit impairment loss 860187
Asset impairment loss 2006167
2、 Specific description of the provision for asset impairment this time
（1） Credit impairment loss
According to the accounting standards for business enterprises and relevant accounting policies of the company, the impairment loss of the company's accounts receivable, other accounts receivable and notes receivable is recognized based on the expected credit loss, and the impairment test is carried out separately for the financial assets with significant single amount. The amount of credit impairment loss is 860187 million yuan in 2021. The main withdrawal items are as follows:
1. The customers of Ruyuan Guangdonghectechnologyholdingco.Ltd(600673) youaixijie fine foil Co., Ltd., the holding subsidiary of the company, Yangzhou Yingdi Auto Material Industry Co., Ltd. and Yangzhou Zhongmei Auto Material Trading Co., Ltd. failed to pay the payment within the time limit. Due to business difficulties, the company has stopped production, involved many lawsuits, insufficient working capital and weak payment recovery ability. Based on the principle of prudence, the company withdraws the bad debts of the receivables of the above two customers in full as a single item, with the withdrawal amounts of 367348 million yuan and 136943 million yuan respectively.
2. Kcaltech (Thailand) Co., Ltd., a customer of the company's holding subsidiary, Ruyuan Yao Autonomous County Yangzhiguang hydrophilic foil Co., Ltd., failed to pay the payment within the time limit. Due to business difficulties, the payment collection ability is weak. Based on the principle of prudence, the company withdraws the bad debts of the above customer receivables individually, with the amount of 8.626 million yuan.
3. Zhejiang Gushen Energy Technology Co., Ltd., a customer of Ruyuan Guangdonghectechnologyholdingco.Ltd(600673) magnetic materials Co., Ltd., a holding subsidiary of the company, failed to pay the payment within the time limit. Due to its difficult capital turnover and many lawsuits, it has a weak ability to collect the payment. Based on the principle of prudence, the company withdrew the bad debt of the above customer receivables in full according to individual items, and the withdrawn amount was 5.1085 million yuan.
（2） Asset impairment loss
According to the accounting standards for business enterprises and relevant accounting policies of the company, inventories are measured at the lower of cost and net realizable value, and the inventory falling price reserves are accrued according to the difference between the cost of a single inventory and the net realizable value. For long-term assets such as long-term equity investment, fixed assets, construction in progress, right of use assets and intangible assets with limited service life, if there are signs of impairment on the balance sheet date, the recoverable amount is estimated. In 2021, the amount of asset impairment loss was 2006167 million yuan. The main withdrawal items are as follows:
1. The exploration rights of Tianshengqiao Zhongshan coal mine and taojiazhai coal mine owned by Tongzi Shixi Coal Industry Co., Ltd., the holding subsidiary of the company, have expired. As the optimization and adjustment of coal industry layout in Tongzi County has not been completed, the above two exploration rights cannot be supplemented as required, so the renewal (retention) registration of exploration rights cannot be completed, The renewal (retention) registration can be completed after Tongzi County completes the optimized layout of coal industry and the above two exploration stages of exploration rights are improved from "detailed investigation" to "exploration". Based on the principle of prudence, according to the evaluation results of the third-party professional evaluation organization and considering the impact of the future integration and transfer of the above exploration rights, the company has accrued an asset impairment loss of 565943 million yuan.
2. Yichang Guangdonghectechnologyholdingco.Ltd(600673) Changjiang Pharmaceutical Co., Ltd., the former holding subsidiary of the company, has a large inventory of oseltamivir phosphate due to the high demand of terminal hospital institutions for the preparation of oseltamivir phosphate drugs due to the superposition of influenza peak season in the early stage of covid-19 epidemic. However, due to the rapid spread of the subsequent covid-19 epidemic and China's long-term strict epidemic prevention and control policies, the flow of patients in terminal medical institutions decreased rapidly, and the amount of terminal prescriptions decreased accordingly. In addition, due to the strengthening of people's awareness of protection and the sharp reduction of social frequency during the epidemic, the demand for oseltamivir phosphate decreased rapidly. By the end of 2021, there was still a certain amount of inventory. Considering the factors of drug sales circulation cycle, Based on the principle of prudence, the company has withdrawn 1023602 million yuan of inventory falling price reserves for products approaching the validity period.
3. Yichang Guangdonghectechnologyholdingco.Ltd(600673) Changjiang Pharmaceutical Co., Ltd., the former holding subsidiary of the company, showed signs of impairment of its intangible assets due to the fact that some generic drugs won the bid, the price of centralized drug procurement organized by the national and provincial alliance was lower than the expected sales price, the actual sales volume was lower than the expectation and the addition of new competitors. Based on the principle of prudence, the company hired a third-party professional organization to evaluate these intangible assets with signs of impairment. According to the evaluation results, the asset impairment loss of 25.984 million yuan was accrued.
3、 Impact on Listed Companies
In 2021, the amount of provision for asset impairment in the company's consolidated statements was 286635400 yuan, reducing the total profit of the company by 286635400 yuan and the net profit of the company by 265303700 yuan.
It is hereby announced.
Guangdonghectechnologyholdingco.Ltd(600673) March 26, 2022
