---
title: "HUILONG: Plans to provision for asset impairment of RMB 89.5575 million for the year 2024"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/236224037.md"
description: "HUILONG announced that it plans to make an asset impairment provision of RMB 89.5575 million for the fiscal year 2024, which includes credit impairment losses of RMB 38.4589 million and asset impairment losses of RMB 51.0986 million. This move is expected to result in a decrease of RMB 63.4391 million in the net profit attributable to the shareholders of the listed company for the fiscal year 2024"
datetime: "2025-04-16T11:40:13.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/236224037.md)
  - [en](https://longbridge.com/en/news/236224037.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/236224037.md)
generator: "portal-rs"
---

# 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

### Related Stocks

- [002556.CN](https://longbridge.com/en/quote/002556.CN.md)

## Related News & Research

- [North Sea Crude-WTI weakens on lower offer](https://longbridge.com/en/news/296813963.md)
- [HBIS Group, GLP China explore logistics, data center collaboration](https://longbridge.com/en/news/297165496.md)
- [REV Exploration identifies multiple helium drill targets at Montana West Butte project after 3D seismic survey](https://longbridge.com/en/news/297321836.md)
- [UPDATE -- Helium Evolution Closes $25 Million Private Placement](https://longbridge.com/en/news/296948264.md)
- [MRS Logistica signs R$ 300 million rail freight contract addendum with Usiminas unit MUSA](https://longbridge.com/en/news/297227987.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**