J P M O R G A N Asia Pacific Equity Research 19 November 2025 This material is neither intended to be distributed to Mainland China investors nor to provide securities investment consultancy services within the territory of Mainland China. This material or any portion hereof may not be reprinted, sold or redistributed without the written consent of J.P. Morgan. Huaming Equipment - A Key takeaways from JPM Global TMT conference We hosted Huaming Equipment at the 2025 J.P. Morgan Global TMT conference. The ke ...