HUATIE(SH:603300) Mei Ri Jing Ji Xin Wen·2025-10-08 15:41Core Viewpoint - Hainan Huatie announced the termination of a significant 3.69 billion yuan computing power contract, leading to heightened market and regulatory scrutiny, followed by the decision of the second-largest shareholder to shift from a share reduction plan to an increase in shareholding to bolster investor confidence [1][3]. Group 1: Shareholder Actions - The second-largest shareholder, Hu Danfeng, has decided to terminate his share reduction plan and instead plans to increase his holdings by 30 to 50 million yuan within the next month, aiming to enhance investor confidence [2][3]. - Hu Danfeng previously announced a plan to reduce his holdings by up to 44.23 million shares, which represented a maximum of 2.22% of the company's total shares [4]. Group 2: Company Performance - Hainan Huatie's stock price has surged approximately 68.21% year-to-date, reflecting strong market interest, particularly in the "computing power stock" sector [1][4]. - The company reported a revenue of 2.805 billion yuan in the first half of the year, marking an 18.89% year-on-year increase, while the net profit attributable to shareholders was 341 million yuan, a slight increase of 1.85% [4]. Group 3: Market Reactions - The termination of the 3.69 billion yuan contract with Hangzhou X Company was attributed to significant changes in market conditions and a lack of procurement orders since the agreement was signed, which caused a stir in the market [3]. - Following the announcement of the contract termination, the Shanghai Stock Exchange issued a regulatory letter to Hainan Huatie, outlining requirements regarding the termination of the major contract [3].