M&A - Huize Holding Ltd

Form Type: 20-F

Filing Date: 2025-04-23

Corporate Action: Acquisition

Type: New

Accession Number: 000119312525091356

Filing Summary: Huize Holding Ltd filed its annual report for the fiscal year ended December 31, 2024. During the year, the company acquired intangible assets worth RMB 18,174 as part of a business combination. The report also indicated that the acquisition of a subsidiary led to an increase in the company's insurance brokerage license by RMB 3,879, whereas the disposal of another subsidiary resulted in a decrease of RMB 4,333 in the insurance agency license. Additionally, the financial statements highlighted depreciation and amortization expenses across the three years detailed, noting specific impairment losses.