Huasheng Co., Ltd. announced that in 2024, the company reviewed and passed the land collection and storage bill of the holding subsidiary Dongma Company, signed a storage agreement in October of the same year, and extended the validity period until the end of 2025 in December. Dongma Company actively promoted asset revitalization, but by the end of 2025, the land could not be listed for sale, and the storage agreement and supplementary agreement were terminated. The company said that the termination of this collection and storage project will not have a significant impact on operations. In the future, it will explore diversified disposal methods, promote asset revitalization, and disclose progress in a timely manner.

Huasheng Co., Ltd. announced that in 2024, the company reviewed and passed the land collection and storage bill of the holding subsidiary Dongma Company, signed a storage agreement in October of the same year, and extended the validity period until the end of 2025 in December. Dongma Company actively promoted asset revitalization, but by the end of 2025, the land could not be listed for sale, and the storage agreement and supplementary agreement were terminated. The company said that the termination of this collection and storage project will not have a significant impact on operations. In the future, it will explore diversified disposal methods, promote asset revitalization, and disclose progress in a timely manner.