Tongxing Environmental Protection Technology Co.Ltd(003027) board of supervisors
Explanation on the rationality of the company’s provision for asset impairment in 2021
Tongxing Environmental Protection Technology Co.Ltd(003027) (hereinafter referred to as “the company”) the board of supervisors verified the matters related to the company’s provision for asset impairment in 2021 and issued the following instructions:
After verification, the board of supervisors believes that the company’s provision for impairment is based on sufficient basis, in line with the provisions of the accounting standards for business enterprises and relevant systems of the company, in line with the actual situation of the company, fairly reflects the asset value and operating results of the company, and does not harm the interests of the company and all shares, especially the minority shareholders. The decision-making procedure of the company on this proposal complies with the relevant provisions of relevant laws and regulations, and the board of supervisors agrees to withdraw the impairment provision this time.
It is hereby explained.
Tongxing Environmental Protection Technology Co.Ltd(003027) board of supervisors April 18, 2022
