Huaxin Technology announced that on July 1, the company disclosed shareholder Hainan Hengyi Investment Partnership's holdings reduction plan. It holds a total of 27.84 million shares and plans to reduce its holdings by no more than 3.98 million shares. Recently, the company received a notice from Hengyi Industrial. Up to now, it has not reduced its holdings of the company's shares. Based on confidence in the company's development prospects and recognition of value, it has decided to terminate this holdings reduction plan early. This early termination will not result in a change in the company's control, nor will it affect the company's governance structure and continued operation.

Huaxin Technology announced that on July 1, the company disclosed shareholder Hainan Hengyi Investment Partnership's holdings reduction plan. It holds a total of 27.84 million shares and plans to reduce its holdings by no more than 3.98 million shares. Recently, the company received a notice from Hengyi Industrial. Up to now, it has not reduced its holdings of the company's shares. Based on confidence in the company's development prospects and recognition of value, it has decided to terminate this holdings reduction plan early. This early termination will not result in a change in the company's control, nor will it affect the company's governance structure and continued operation.