Zhitong Finance App News, Shandong Express (600350.SH) issued an announcement. In order to more objectively and fairly reflect the company's financial situation and asset value, according to relevant regulations such as “Enterprise Accounting Standard No. 2 - Long-term Equity Investment”, “Enterprise Accounting Standard No. 8 - Asset Impairment” and company accounting policies, and in line with the above announcement by Dongxing Securities, the company plans to calculate impairment preparations for the long-term equity investment corresponding to the associated enterprise Dongxing Securities in 2025. According to preliminary estimates, the estimated impairment reserve amount is about 690 million yuan.

Zhitong Finance App News, Shandong Express (600350.SH) issued an announcement. In order to more objectively and fairly reflect the company's financial situation and asset value, according to relevant regulations such as “Enterprise Accounting Standard No. 2 - Long-term Equity Investment”, “Enterprise Accounting Standard No. 8 - Asset Impairment” and company accounting policies, and in line with the above announcement by Dongxing Securities, the company plans to calculate impairment preparations for the long-term equity investment corresponding to the associated enterprise Dongxing Securities in 2025. According to preliminary estimates, the estimated impairment reserve amount is about 690 million yuan.