Hong Kong–listed Dongjiang Environmental announced that its board on 27 March 2026 approved a RMB454.06 million (USD62.4 million) asset-impairment charge for the year ended 31 December 2025.

The largest component was a RMB305.55 million goodwill write-down, representing 67.3 % of the total provision, following annual impairment tests on acquisition-related asset groups. Fixed-asset impairments added another RMB88.16 million (19.4 %), while inventory write-downs contributed RMB18.67 million. Additional charges included accounts-receivable provisions of RMB36.10 million, long-term equity investment impairment of RMB3.32 million, and smaller adjustments to intangible assets, construction-in-progress and notes receivable. A reversal of RMB0.68 million was recorded under other receivables.

The after-tax effect reduced 2025 net profit attributable to shareholders by RMB438.69 million, turning the year into a RMB1.23 billion net loss (total comprehensive loss: RMB1.34 billion). The figures have been audited by WUYIGE Certified Public Accountants LLP.

The Audit and Risk Management Committee approved the impairment proposal on 26 March 2026, followed by full board endorsement the next day. The company stated that the provisions align with China’s Accounting Standards for Business Enterprises and aim to present a more prudent view of asset values and financial position.