---
title: "Fengshan Group: Provision for asset impairment of 9.3549 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/252456677.md"
description: "Fengshan Group announced that in order to accurately reflect its financial position as of June 30, 2025, the company has conducted an asset assessment and made provisions for various asset impairments totaling RMB 9.3549 million. Among them, credit impairment losses amount to RMB 10.3186 million, and asset impairment losses amount to RMB -0.9637 million. This impairment provision will reduce the total profit of the company's consolidated financial statements for the first half of 2025 by RMB 9.3549 million"
datetime: "2025-08-11T09:21:52.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/252456677.md)
  - [en](https://longbridge.com/en/news/252456677.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/252456677.md)
---

# Fengshan Group: Provision for asset impairment of 9.3549 million yuan

Fengshan Group announced that in order to accurately and fairly reflect the company's financial position, operating results, and asset value as of June 30, 2025, the company conducted a comprehensive assessment and analysis of various assets, performed impairment tests on assets showing signs of impairment, and made corresponding impairment provisions. For the first half of 2025, the company made a total impairment provision of 9.3549 million yuan for various assets within the scope of the consolidated financial statements. The specific details are as follows: credit impairment loss of 10.3186 million yuan, asset impairment loss of -0.9637 million yuan. This impairment provision will reduce the total profit of the company's consolidated financial statements for the first half of 2025 by 9.3549 million yuan

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