CiDi Releases Supplemental Data on Property Valuation and Depreciation Adjustments for FY 2025 Report

Bulletin Express
Oct 09

CiDi Inc. has issued a supplemental announcement to its 2025 Annual Report to provide additional information on the valuation of a self-occupied property that was previously disclosed only in the December 2025 prospectus.

The property in question—the Changsha Intelligence Driving Institute Industrial Park at No. 60 Hebaotang West Road, Yuelu District, Changsha—comprises two industrial buildings of 2 and 13 storeys over two basement levels, with a total gross floor area of approximately 60,140.03 sq.m.

Key financial details: • Independent valuation as at 30 September 2025: RMB315.10 million. – Included within this figure is the estimated value of the Basement (Zone B) of RMB73.47 million. • Impact on FY 2025 financials: Had the property been carried at valuation in the consolidated statements, additional depreciation of roughly RMB0.01 million would have been charged to profit or loss for the reporting period.

The supplemental disclosure clarifies that the above valuation adjustments were not reflected in the audited financial statements within the 2025 Annual Report. All other data and narrative in the original report remain unchanged.

The announcement was authorised by the Board of CiDi Inc. and dated 9 October 2026 in Hong Kong.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10