Huaru Technology (301302.SZ) received prohibited treatment from military procurement networks

Zhitong Finance App News, Huaru Technology (301302.SZ) issued an announcement. Recently, the company received the “Prohibited Handling of Beijing Huaru Technology Co., Ltd.” notice issued by the military procurement network. The announcement is an opinion on the handling of the suspended matter issued by the Military Procurement Network on March 31, 2026. The result is that the company is prohibited from participating in military material engineering service procurement activities from November 22, 2023 to November 22, 2028.

Since November 22, 2023, the company has not obtained orders from military procurement network channels, and this matter will not affect the company's continued operation. During the military procurement network ban period, the company's main customers covered various entities such as the military, national defense industry enterprises, colleges and private enterprises, and relied on diversified channels such as the military weapons and equipment procurement information network, designated bidding agencies by competent authorities, and supporting cooperation with private enterprises. In 2024, the company signed a new contract order of 376 million yuan, and in 2025, the company signed a new contract order of 366 million yuan.