Core Viewpoint - The company, Huqin Technology, has successfully completed a share reduction plan for its employee stock ownership platform, which was initiated to support long-term service and incentivize employees, thereby contributing to the company's healthy business development [1] Group 1: Share Reduction Plan - On July 26, 2025, the company announced a share reduction plan for shareholders holding more than 5% of the shares [1] - The reduction plan was concluded on September 19, 2025, with the employee stock ownership platform having completed the reduction smoothly and in an orderly manner [1] - Since September 19, 2025, there have been no further reduction actions from the aforementioned employee stock ownership platform [1] Group 2: Business Performance and Market Impact - The company's stock price in the secondary market is subject to short-term fluctuations influenced by macroeconomic conditions, market sentiment, and industry index volatility [1] - The long-term value of the company is determined by its core operational capabilities and sustained growth potential [1] - The company believes that its strong operational performance will ultimately provide returns to its supportive investors [1]

Core Viewpoint - The company, Heertai (002402), asserts that its production and operations are currently normal, emphasizing the importance of a solid industrial foundation and sustainable performance growth as the core of its long-term value [1] Group 1 - The management team has consistently worked diligently to enhance production efficiency and refined management practices, resulting in steady growth in the company's performance over the years [1] - The company is committed to monitoring market dynamics and strengthening communication with investors, ensuring timely and accurate dissemination of its strategic plans, operational results, and development prospects [1] - Investors are encouraged to view short-term stock price fluctuations rationally and to focus on the company's long-term value [1]

Group 1 - The core viewpoint is that the company's stock price is ultimately determined by its long-term value, and the management's primary goal is to enhance operations and provide stable returns to investors [1] - The company expresses confidence in its core competitiveness and the industry's development prospects, indicating a commitment to respond to expectations with pragmatic actions [1]