Summary by Futu AI
BYADI CO., LTD. ISSUED A NOTICE ON MARCH 26, 2024, ANNOUNCING THAT ITS CREDIT DRAWDOWN AND ASSET IMPAIRMENT LOSSES FOR 2023 AMOUNTED TO RMB3,767,831 THOUSAND. The bill includes receivables devaluation preparedness, financial guarantee contract reversal devaluation readiness, contract asset reversal devaluation preparedness, and inventory drawdown preparedness, etc. The company said that this subcount was based on the precautionary principle and that a comprehensive listing and evaluation of the assets within the scope of the consolidated report was carried out. This will have an impact on the current loss (before tax) for 2023, but the Company ensures that this subtraction complies with the Corporate Accounting Standards and the Company's relevant accounting policy requirements and does not prejudice the interests of the Company and all shareholders.