Influence of Accounting Policy Changes on Mengniu Group

Changes in accounting policies may have multiple impacts on Mengniu Group.

If the accounting policy changes involve the accounting standards or accounting estimation methods used by Mengniu Group, then these changes may have an impact on the financial report of Mengniu Group. For example, if the original accounting standards used by Mengniu Group require the company to use one accounting estimation method to calculate the impairment reserve of accounts receivable, and the subsequent accounting policy changes require the company to use another accounting estimation method to calculate the impairment reserve, then this change may have an impact on Mengniu Group's net profit.

In addition, changes in accounting policies may also have an impact on the management and investors of Mengniu Group. For example, if the accounting policy changes make the financial report of Mengniu Group look more conservative, it may lead to a decline in investors' confidence in the company, which in turn will lead to a decline in the stock price.

Therefore, the impact of accounting policy changes on Mengniu Group may be various, and the specific impact depends on the specific content of accounting policy changes.