HUILONG: Plans to provision for asset impairment of RMB 89.5575 million for the year 2024

HUILONG announced that the company will hold the fourth meeting of the sixth board of directors and the fourth meeting of the sixth supervisory board on April 15, 2025, to review and approve the "Proposal on the Provision for Asset Impairment for the Year 2024." The company plans to provide for asset impairment totaling 89.5575 million yuan, including credit impairment losses of -38.4589 million yuan and asset impairment losses of -51.0986 million yuan. This provision for asset impairment is expected to reduce the net profit attributable to shareholders of the listed company by 63.4391 million yuan for the year 2024