Yonghe Co., Ltd. announced that the company held a board of directors meeting on August 14, 2026 to deliberate and pass a bill to prepare for impairment of goodwill. The proposed goodwill impairment preparation involves the company's acquisition of 80% of Changyonghe's 100% equity in December 2022 for $132 million. According to the evaluation results, the amount of goodwill impairment reserves calculated for the 2026 half-year period was RMB 22.172,700, with a cumulative total of RMB 22.172,700 for goodwill impairment provisions, and the book value of goodwill after calculation was RMB 110 million. This calculation reduced net profit attributable to shareholders of the parent company by 22.172,700 yuan for the current period.

Zhitongcaijing · 2d ago
Yonghe Co., Ltd. announced that the company held a board of directors meeting on August 14, 2026 to deliberate and pass a bill to prepare for impairment of goodwill. The proposed goodwill impairment preparation involves the company's acquisition of 80% of Changyonghe's 100% equity in December 2022 for $132 million. According to the evaluation results, the amount of goodwill impairment reserves calculated for the 2026 half-year period was RMB 22.172,700, with a cumulative total of RMB 22.172,700 for goodwill impairment provisions, and the book value of goodwill after calculation was RMB 110 million. This calculation reduced net profit attributable to shareholders of the parent company by 22.172,700 yuan for the current period.