DATANG POWER Announces Asset Impairment and Write-offs for Subsidiaries

Deep News
10/29

DATANG POWER (00991) has issued an announcement regarding asset impairment provisions and fixed asset write-offs for certain subsidiaries. To ensure accurate reflection of the company's asset status and operational results while maintaining reliable accounting information, the company conducted asset inventories, evaluations, and necessary impairment tests in accordance with the "Enterprise Accounting Standards" and its internal financial accounting policies.

The impairment provisions and fixed asset write-offs are expected to reduce the company's consolidated total profit by approximately RMB 1.093 billion and decrease net profit attributable to parent company shareholders by about RMB 1.038 billion for 2025. (The above figures are unaudited)

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