Galaxy Microelectronics: Provision for asset impairment of RMB 19.6216 million in the first three quarters of 2026

date
19/10/2026
Galaxy Microelectronics announced that the company conducted an impairment test on relevant assets as of September 30, 2026. For the first three quarters of 2026, total impairment provisions of RMB 19.6216 million were recognized, including credit impairment losses of RMB 4.0865 million and asset impairment losses of RMB 15.5351 million. These impairment provisions were recorded in relevant profit and loss accounts, affecting the company's cumulative consolidated statement total profit for the first three quarters of 2026 by RMB 19.6216 million, and will not affect the company's normal operations. This matter has not been audited, and the final data shall be subject to annual audit confirmation.