May. 15 at 8:29 PM
$EH Corrections of warranty provisions and expected credit losses on accounts receivable
The corrections related to the aforementioned sales transactions resulted in corresponding corrections to warranty costs, expected credit
losses,
resulting in adjustments on costs of revenues, general and administrative expenses, accrued expenses and other liabilities, and accounts receivable,
net.
Corrections of relevant accounts for value-added tax and income tax
The corrections related to the aforementioned sales transactions resulted in changes in timing and amount of the Company’s value-added
tax and
income tax liabilities. Consequently, relevant financial statement line items, including prepayments and other current assets, deferred tax assets,
accrued expenses and other liabilities, income taxes payable and income tax expenses, have
been correspondingly adjusted.
