HNHD: During the period of stock fluctuations, the controlling shareholder and actual controller did not engage in buying or selling the company's stock

On November 2nd, HNHD announced that the closing price of the company's stock had deviated by more than 20% over three consecutive trading days, which constitutes an abnormal fluctuation in stock trading. After verification, in May 2025, the company received a notice from its controlling shareholder Hainan Holdings, stating that Hainan Holdings and its concerted parties plan to increase their holdings in the company within the next six months through methods permitted by the Shenzhen Stock Exchange trading system. The proposed increase in holdings is not less than RMB 100 million and not more than RMB 200 million, with the number of shares to be increased not exceeding 2% of the company's total share capital. During the period of abnormal stock fluctuations, the controlling shareholder and actual controller did not engage in buying or selling the company's stock. As of now, the increase plan has not yet been fully implemented, and Hainan Holdings and its concerted parties will continue to carry out the increase plan