Fuliwang(688678.SH): Provision for asset impairment of 75.0718 million yuan

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Gelonghui, February 27 — Fulivang (688678.SH) announced that during the reporting period, the company recognized impairment provisions totaling 75.0718 million yuan, which will reduce the company’s consolidated net profit for 2025 by the same amount. The impairment provisions are in accordance with the “Enterprise Accounting Standards” and the company’s accounting policies, and can accurately and objectively reflect the company’s financial position as of December 31, 2025, and its operating results for 2025. This complies with relevant laws and regulations and the company’s actual situation, will not affect normal operations, and does not harm the interests of the company and all shareholders.

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