JIANGXI COPPER (00358): Provision for asset impairment

22:21 25/08/2026

Jiangxi Copper Company Limited (00358) announced that, in accordance with the "Enterprise Accounting Standards" and relevant accounting policies, in order to objectively and fairly reflect the company's financial position and asset value as of June 30, 2026, the company conducted impairment testing on assets within the scope of consolidation that show signs of impairment. Based on the results of the impairment testing, the company made corresponding impairment provisions for assets whose recoverable amounts are lower than their carrying values. As of the 2026 interim period, the company has made a total impairment provision of RMB 2,904.54 million for various assets.

JIANGXI COPPER (00358) announced that, in accordance with the provisions of the Accounting Standards for Business Enterprises and relevant accounting policies, in order to objectively and fairly reflect the company's financial position and asset value as of June 30, 2026, the company conducted impairment tests on various assets within the scope of consolidation that showed signs of impairment to calculate their recoverable amounts. Based on the results of the impairment tests, the company provided impairment provisions for assets with recoverable amounts lower than their carrying values. For the first half of 2026, the company recognized a total impairment of RMB 290,454 million on various assets.

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SAIMO (02571) announced its interim results, reporting a loss attributable to shareholders of 48.049 million yuan, a year-on-year shift from profit to loss.

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