Shanghai Electric (02727): Preparation for depreciation

Zhitong Finance App News, Shanghai Electric (02727) issued an announcement. In order to objectively and fairly reflect the company's financial situation and operating results for the first three quarters of 2026, in accordance with the relevant provisions of the “Corporate Accounting Standards”, the company conducted impairment tests on various types of assets as of September 30, 2026, and prepared for impairment of assets showing signs of impairment. The amount of the company's credit impairment losses for the first three quarters of 2026 was RMB 1,260.06 million, and the amount of asset impairment losses was RMB 964.64 million. In summary, the net impact of the company's impairment preparations for the first three quarters of 2026 on the company's pre-tax profit for the first three quarters of 2026 decreased by RMB 2224.7 million.