Securities code: 300125 securities abbreviation: Lingda Group Co.Ltd(300125) Announcement No.: 2022-006 Lingda Group Co.Ltd(300125)
Announcement on provision for asset impairment in 2021
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、 Overview of the provision for asset impairment this time
1. Reasons for withdrawing asset impairment provision this time
In accordance with the accounting standards for business enterprises, the guidelines for the standardized operation of companies listed on the growth enterprise market of Shenzhen Stock Exchange and the company’s accounting policies, in order to more truly and accurately reflect the company’s financial position and operating results as of December 31, 2021, based on the principle of prudence, the company and its subsidiaries within the consolidation scope conducted impairment tests on various assets at the end of 2021, Provision for impairment is made for assets with signs of impairment.
2. Asset scope, total amount and reporting period to be included in the provision for asset impairment this time
The specific details of the company’s assets with provision for impairment this time are as follows: (unit: 10000 yuan)
Increase in the current year and decrease in the proportion of the amount withdrawn in the reporting period in the beginning balance of 2020 serial number project and the year-end balance in the audited net profit withdrawn / written off by other shareholders of Listed Companies in the current year
I. bad debt reserves 8681.39 955.89 3.55 243.31 9390.42 17.07%
1 bad debt provision for accounts receivable 6477.90 -77.87 – 3.55 195.34 6201.14 – 1.38%
2. Bad debt provision for other receivables 2203.49 936.30 — 47.97 3091.82 16.71%
3. Provision for bad debts of notes receivable – 97.46 — 97.46 1.74%
II. Inventory falling price reserves – 639.91 – 241.17 – 398.74 11.42%
III. provision for impairment of fixed assets 20639.62 – 942.19 – 19697.43 0.00%
Total 29321.01 1595.80 – 1186.91 243.31 29486.59 28.49%
The company’s assets with provision for impairment this time include accounts receivable, other receivables, notes receivable and inventory. The total amount of provision for impairment is 15.958 million yuan, all of which are included in 2021.
3. Review procedures for the provision for asset impairment this time
The provision for asset impairment this time is implemented in accordance with the relevant provisions of the accounting standards for business enterprises and the company’s accounting policies, and does not need to be submitted to the board of directors of the company for deliberation.
2、 Explanation of the rationality of the provision for asset impairment and its impact on the company
1. Explanation on the rationality of the provision for asset impairment this time
The company’s provision for asset impairment is in line with the accounting standards for business enterprises and relevant accounting policies of the company, with sufficient basis, reflecting the principle of accounting prudence and in line with the actual situation of the company. After the provision for asset impairment is withdrawn this time, the company’s financial report can fairly reflect the company’s relevant asset status as of December 31, 2021, making the company’s accounting information more reasonable.
2. The impact of the current provision for asset impairment on the company
During the reporting period, the company’s provision for impairment of the above assets totaled 15.958 million yuan, which will reduce the company’s net profit attributable to the shareholders of the listed company by 15.9523 million yuan in 2021 and the owner’s equity attributable to the shareholders of the listed company by 15.9523 million yuan.
The data of the company’s provision for asset impairment has not been audited, and the final data will be subject to the annual audit report issued by the accounting firm.
It is hereby announced.
Lingda Group Co.Ltd(300125) board of directors
January 24, 2022
