FilingReader Intelligence
SAIC Motor approves plans for asset impairment and continued financial aid
April 30, 2025 at 05:28 AM UTC•By FilingReader AI
SAIC Motor Corp (SSE:600104) is set to reduce its 2024 profit by CNY7.13 billion after its board approved plans to write down asset values, including inventory and long-term asset impairments. Additionally, the board approved writing off CNY4.23 billion for asset impairments related to SAIC Motor passenger vehicles.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
Supplementary Source Documents
SAIC Motor 2024 Annual ReportApril 29, 2025 at 02:09 PM UTC
SAIC Motor's announcement on provision for asset impairmentApril 29, 2025 at 02:09 PM UTC
Summary of SAIC Motor's 2024 Annual ReportApril 29, 2025 at 02:09 PM UTC
SAIC Motor's Announcement on Profit Distribution PlanApril 29, 2025 at 02:09 PM UTC
SAIC Motor's announcement on launching derivatives trading business in 2025April 29, 2025 at 02:09 PM UTC
SAIC Motor's announcement on financial assistance to its subsidiaries in 2025April 29, 2025 at 02:09 PM UTC
SAIC Motor's announcement on changes in the company's accounting policiesApril 29, 2025 at 02:09 PM UTC
SAIC Motor's 2025 First Quarter ReportApril 29, 2025 at 02:09 PM UTC
SAIC Motor's announcement on the guarantee matters of its subsidiaries in 2025April 29, 2025 at 02:09 PM UTC
News Alerts
Get instant email alerts when SAIC Motor Corp publishes news
Free account required • Unsubscribe anytime