Desay SV's automotive electronics product inventory increased significantly, and asset impairment losses were severe

Desay SV's automotive electronics inventory in 2023 increased by 52.03% year-on-year to 4.0684 million sets. Asset impairment losses reached 220 million yuan, mainly from chip inventory depreciation reserves. Asset impairment in the first quarter of this year was nearly 30 million yuan, compared with an asset appreciation of 448,100 yuan in the same period last year.