Huada Technology announced that the company received an information disclosure regulatory inquiry letter from the Shanghai Stock Exchange regarding the 2025 annual report, involving financial transactions. Independent directors expressed opinions on related issues, arguing that the transactions between Haining Honghua and Haining Yihua had an objective reason for not being settled for a long period of time. The two had no related relationship or arrangement of interests, the same registered address was reasonable, and the transaction had commercial substance; the company's prepaid accounts, etc. were normal business transactions, with no funds flowing to related parties, and did not constitute non-operating capital occupation by related parties.

Huada Technology announced that the company received an information disclosure regulatory inquiry letter from the Shanghai Stock Exchange regarding the 2025 annual report, involving financial transactions. Independent directors expressed opinions on related issues, arguing that the transactions between Haining Honghua and Haining Yihua had an objective reason for not being settled for a long period of time. The two had no related relationship or arrangement of interests, the same registered address was reasonable, and the transaction had commercial substance; the company's prepaid accounts, etc. were normal business transactions, with no funds flowing to related parties, and did not constitute non-operating capital occupation by related parties.