Pu'er Lancang Ancient Tea Co. Ltd. has announced a material asset impairment as of 31 December 2024, affecting its property, plant and equipment, right-of-use assets, and trade receivables. The company conducted an impairment assessment in accordance with Chinese accounting standards, using a discounted cash flow method to determine the value in use of its cash-generating units. No significant changes were noted in the key inputs and assumptions compared to the previous period. The supplemental announcement clarified that there were no material changes in the assessment method or circumstances leading to the impairment, and that other information in the annual report remains unchanged.

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