CanXing Network: Subsidiary Announces Xiamen CanKun Industrial's Q1 2026 Performance Forecast
Xiamen CanKun Industrial, a subsidiary of CanXing Network, forecasts an impairment of accounts receivable and inventory for Q1 2026, amounting to approximately RMB 4.5502 million. The company clarifies this is a non-cash event with no impact on operational funds.
📋 Article Processing Timeline
- 📰 Published: April 14, 2026 at 09:00
- 🔍 Collected: April 15, 2026 at 11:00 (26h 0m after Published)
- 🤖 AI Analyzed: April 19, 2026 at 01:06 (86h 6m after Collected)
1. Date of occurrence: 2026/04/14
2. Company Name: Xiamen CanKun Industrial Co., Ltd.
3. Relationship with the Company (enter parent company or subsidiary): Subsidiary
4. Proportion of mutual shareholding: 42.9%
5. Reason for occurrence:
In accordance with International Accounting Standard No. 36 'Impairment of Assets', Xiamen CanKun Industrial Co., Ltd. will assess and accrue impairments for accounts receivable and inventory from January to March 2026, totaling RMB 4.5502 million.
6. Countermeasures: None
7. Other matters that need to be stated (if the subject of the event or resolution is a publicly issued company or above, this major information also meets the requirements of Article 7, Paragraph 9 of the Securities Transaction Act Enforcement Rules regarding matters that have a significant impact on shareholder rights or securities prices):
(1) This asset impairment does not involve actual cash outflow and has no impact on the company's operating funds and cash flow.
(2) These figures are self-calculated by the company and have not yet been reviewed by an accountant.
2. Company Name: Xiamen CanKun Industrial Co., Ltd.
3. Relationship with the Company (enter parent company or subsidiary): Subsidiary
4. Proportion of mutual shareholding: 42.9%
5. Reason for occurrence:
In accordance with International Accounting Standard No. 36 'Impairment of Assets', Xiamen CanKun Industrial Co., Ltd. will assess and accrue impairments for accounts receivable and inventory from January to March 2026, totaling RMB 4.5502 million.
6. Countermeasures: None
7. Other matters that need to be stated (if the subject of the event or resolution is a publicly issued company or above, this major information also meets the requirements of Article 7, Paragraph 9 of the Securities Transaction Act Enforcement Rules regarding matters that have a significant impact on shareholder rights or securities prices):
(1) This asset impairment does not involve actual cash outflow and has no impact on the company's operating funds and cash flow.
(2) These figures are self-calculated by the company and have not yet been reviewed by an accountant.