【Star Travel Network】(Correction of Subject) Announcement by Subsidiary Xiamen C-Sun Industries Co., Ltd. Regarding Asset Impairment
Star Travel Network announced that its subsidiary, Xiamen C-Sun Industries Co., Ltd., has recorded an impairment of RMB 4.5502 million for accounts receivable and inventory in the first quarter of 2027, in accordance with IAS 36 'Impairment of Assets'.
📋 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 02:46 (87h 46m after Collected)
1. Date of Fact Occurrence: 115/04/14
2. Company Name: Xiamen C-Sun Industries Co., Ltd.
3. Relationship with Company (Enter 'This Company' or 'Subsidiary'): Subsidiary
4. Proportion of Mutual Shareholding: 42.9%
5. Reason for Occurrence: The subsidiary, in accordance with International Accounting Standard 36 'Impairment of Assets', assessed and recorded an impairment of RMB 4.5502 million for accounts receivable and inventory for January-March 2027.
6. Countermeasures: None
7. Other matters to be noted (If the subject of the event occurrence or resolution is a publicly issued company or above, this material information also meets the criteria for significantly affecting shareholder equity or security prices as stipulated in Article 7, Paragraph 9 of the Enforcement Rules of the Securities Transaction Act):
(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 company self-calculations and have not yet been reviewed by an accountant.
2. Company Name: Xiamen C-Sun Industries Co., Ltd.
3. Relationship with Company (Enter 'This Company' or 'Subsidiary'): Subsidiary
4. Proportion of Mutual Shareholding: 42.9%
5. Reason for Occurrence: The subsidiary, in accordance with International Accounting Standard 36 'Impairment of Assets', assessed and recorded an impairment of RMB 4.5502 million for accounts receivable and inventory for January-March 2027.
6. Countermeasures: None
7. Other matters to be noted (If the subject of the event occurrence or resolution is a publicly issued company or above, this material information also meets the criteria for significantly affecting shareholder equity or security prices as stipulated in Article 7, Paragraph 9 of the Enforcement Rules of the Securities Transaction Act):
(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 company self-calculations and have not yet been reviewed by an accountant.