Zhitong Finance App News, Shanghai Electric (02727.HK) issued an announcement. In order to objectively and fairly reflect the company's financial situation and operating conditions for the first half of 2024, in accordance with the relevant provisions of the “Corporate Accounting Standards”, the company conducted impairment tests on various types of assets as of June 30, 2024, and prepared for depreciation of assets showing signs of impairment. In the first half of 2024, the company accrued an amount of RMB 930 million for credit impairment losses and a transfer amount of RMB 536 million; for asset impairment preparations, the loss amount was RMB 661 million, and the transfer amount was approximately RMB 254 million. In summary, the net impact of the company's impairment preparations for the first half of 2024 on the company's pre-tax profit for the current period was RMB 801 million.

Zhitong Finance App News, Shanghai Electric (02727.HK) issued an announcement. In order to objectively and fairly reflect the company's financial situation and operating conditions for the first half of 2024, in accordance with the relevant provisions of the “Corporate Accounting Standards”, the company conducted impairment tests on various types of assets as of June 30, 2024, and prepared for depreciation of assets showing signs of impairment. In the first half of 2024, the company accrued an amount of RMB 930 million for credit impairment losses and a transfer amount of RMB 536 million; for asset impairment preparations, the loss amount was RMB 661 million, and the transfer amount was approximately RMB 254 million. In summary, the net impact of the company's impairment preparations for the first half of 2024 on the company's pre-tax profit for the current period was RMB 801 million.