Huachangda Intelligent Equipment Group Co., Ltd. 2025 Annual Report on Goodwill Impairment
Securities Code: 300278 Securities Abbreviation: Huachangda
Huachangda Intelligent Equipment Group Co., Ltd. 2025 Goodwill Impairment Test Report
I. Whether an impairment test was conducted ☑ Yes
II. Whether an appraisal report for financial reporting purposes was obtained in the impairment test □ Yes
III. Whether there are impairment indicators
| Asset Group Name | Impairment Indicators | Remarks | Impairment Loss Recognized | Remarks | Impairment Basis | Remarks |
|---|---|---|---|---|---|---|
| Dearborn Mid-West Company, LLC | No impairment indicators | No | Not applicable | |||
| DMW&H SYSTEMS, INC | No impairment indicators | No | Not applicable |
IV. Goodwill Allocation Details
| Asset Group Name | Composition of Asset Group or Asset Group Combination | Method of Determining Asset Group or Asset Group Combination | Book Value of Asset Group or Asset Group Combination | Goodwill Allocation Method | Original Goodwill Allocated |
|---|---|---|---|---|---|
| Dearborn Mid-West Company, LLC | Long-term assets related to goodwill | 304,589,860.72 | Full allocation | 269,216,387.62 | |
| DMW&H SYSTEMS, INC | Long-term assets related to goodwill | 68,248,783.24 | Full allocation | 48,200,987.41 |
Is there any difference in the method of determining the asset group or asset group combination compared to the previous year? □ Yes
V. Goodwill Impairment Test Process