Core Viewpoint - Shenghui Clean (02521) experienced a significant drop of 34% yesterday but rebounded by over 11% today, currently trading at HKD 0.78 with a transaction volume of HKD 16.1 million [1] Group 1: Company Developments - Huali Co., Ltd. (603038) announced on January 17 that its wholly-owned subsidiary, Huali Asia, intends to purchase 19% of Shenghui Clean's shares for HKD 47.5 million using its own or self-raised funds [1] - Upon completion of the transaction, Huali Co., Ltd. will become the second-largest shareholder of Shenghui Clean [1] Group 2: Regulatory Inquiry - On January 18, Huali Co., Ltd. received an inquiry letter from the Shanghai Stock Exchange regarding the acquisition [1] - The exchange requested clarification on the purpose of the investment, its necessity, and associated risks, as well as the pricing basis and reasons for the target company's performance decline [1] - Huali Co., Ltd. is required to respond to the inquiry within five trading days [1]