Huasheng Co., Ltd. announced that it plans to purchase 97.40% of Shenzhen Yixin Technology's shares and raise supporting capital from the controlling shareholders through issuing shares and paying cash. Trading of the company's shares was suspended since the opening of the market on June 10, 2025. The closing price increased by 22.81% over the 20 trading days before the suspension. The Shanghai Composite Index rose 1.73% during the same period, and the textile and garment index rose 6.56%. Excluding market factors, the increase was 21.08%, over 20%; excluding the same sector, the increase was 16.25%, not more than 20%. The company has taken confidentiality measures and will investigate and disclose insider information on the transactions as required.

Huasheng Co., Ltd. announced that it plans to purchase 97.40% of Shenzhen Yixin Technology's shares and raise supporting capital from the controlling shareholders through issuing shares and paying cash. Trading of the company's shares was suspended since the opening of the market on June 10, 2025. The closing price increased by 22.81% over the 20 trading days before the suspension. The Shanghai Composite Index rose 1.73% during the same period, and the textile and garment index rose 6.56%. Excluding market factors, the increase was 21.08%, over 20%; excluding the same sector, the increase was 16.25%, not more than 20%. The company has taken confidentiality measures and will investigate and disclose insider information on the transactions as required.