Hongli Group Inc.
For the period ended Jun 30, 2025. Filed Sep 30, 2025.
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Jun 30, 2025 · Filed Sep 30, 2025
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Contents
EX-99.2 · Segment Reporting
Segment Reporting
The Company follows the ‘management approach’ in determining its reportable operating segments, as prescribed by ASC 280. Under this approach, the Company’s chief operating decision maker (“CODM”)—identified as the Chief Executive Officer—uses internal financial information to make operating decisions and assess performance.
The CODM reviews revenue information analyzed by customer; however, this information is presented only at the revenue level, without allocation of associated costs or resources. As such, these customer-level views do not constitute separate operating segments under U.S. GAAP. Accordingly, the Company has determined that it operates as a single operating and reportable segment.
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