Shanghai Petrochemical Co., Ltd. (00338): Total impairment preparations for the 2026 semi-year

Zhitong Finance App News, Shanghai Petrochemical Co., Ltd. (00338) issued an announcement. In order to objectively reflect the company's financial situation and operating results for the first half year of 2026, according to the “Corporate Accounting Standards” and other relevant regulations, and based on the principle of prudence, the company conducted impairment tests on relevant assets that may show signs of impairment as of June 30, 2026. After testing, the company calculated impairment preparations for the 2026 semi-annual period totaling RMB 545 million.