---
title: "Anhui Shiny: Provision for asset impairment of RMB 58.0433 million in the first three quarters of 2025"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/262372468.md"
description: "Anhui Shiny announced that, based on the principle of prudence, it has made an asset impairment provision of CNY 58.0433 million to accurately reflect the company's financial condition and asset value. This includes bad debt losses of CNY 4.7233 million for accounts receivable, bad debt losses of CNY 0.5538 million for other receivables, and inventory write-down losses of CNY 52.7661 million. This move will result in a reduction of CNY 58.0433 million in the total profit for the first three quarters of 2025, in accordance with relevant regulations"
datetime: "2025-10-23T08:05:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/262372468.md)
  - [en](https://longbridge.com/en/news/262372468.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/262372468.md)
generator: "portal-rs"
---

# Anhui Shiny: Provision for asset impairment of RMB 58.0433 million in the first three quarters of 2025

Anhui Shiny announced that, based on the principle of prudence, in order to accurately reflect the company's financial condition and asset value, it has made provisions for impairment of relevant assets within the scope of the consolidated financial statements as of September 30, 2025, totaling 58.0433 million yuan. This includes bad debt losses of 4.7233 million yuan for accounts receivable, bad debt losses of 553,800 yuan for other receivables, and inventory write-down losses of 52.7661 million yuan. This provision will result in a reduction of the company's total profit by 58.0433 million yuan for the first three quarters of 2025, in accordance with relevant regulations, and will fairly reflect the company's asset status and operating results

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