Ningbo Fangzheng announced that based on the principle of prudence, the company carried out impairment tests on assets within the scope of the consolidated statement as of September 30, 2026. The total amount of asset impairment preparations for the third quarter of 2026 was 2.771,700 yuan, all of which were inventory price drop losses and contract performance cost impairment losses, which would reduce the company's total profit of 2,737,700 yuan in the third quarter of 2026. This calculation complies with accounting standards and related regulations, and can fairly reflect the company's financial situation and asset value after calculation.

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