HUATIE(SH:603300) Zheng Quan Shi Bao·2025-10-13 18:07Core Viewpoint - Hainan Huatie is facing a significant challenge due to the termination of a 36.9 billion yuan contract, but the major shareholder, Hainan Haikong Industrial Investment Co., plans to increase its stake to stabilize investor confidence and support the stock price [1][2]. Group 1: Company Actions - Hainan Huatie's major shareholder, Hainan Haikong Industrial Investment Co., announced a plan to buy back shares worth between 1 billion yuan and 2 billion yuan over the next six months, starting from October 14 [1]. - The share buyback will not have a set price range and will be executed based on market conditions [1]. Group 2: Contract Termination - The company terminated a significant contract with Hangzhou X Company, which was originally valued at 36.9 billion yuan, due to changes in market conditions and a lack of received orders [2]. - The contract was expected to generate approximately 7 million yuan in annual revenue, significantly enhancing the company's profitability and market competitiveness [2]. Group 3: Market Reaction - Following the announcement of the contract termination, Hainan Huatie's stock experienced a sharp decline, with three consecutive trading halts [3]. - Despite the negative news, the stock price rebounded by over 7% after the major shareholder's buyback announcement, closing with a 3.95% increase and a trading volume of 34.3 billion yuan [3].