The A-share listed company Zhidu (000676) issued an announcement, saying that it is expected to turn from profit to loss in 2022, with a loss of 305 million to 395 million yuan. According to the review and test results at the end of the year, the impairment of intangible assets, long-term equity investment and goodwill will be withdrawn. In 2022, the total provision for impairment will be 560 million yuan. Among them, Zhidu shares said that the digital assets (Bitcoin) generated by the subsidiary Zhidu Investment (Hong Kong) Co., Ltd. to purchase cloud computing services from Bitmain showed signs of impairment, and the estimated recoverable amount was lower than its book value. Zhidu shares made a provision for impairment of 63.1832 million yuan.