Core Viewpoint - The company, Hongyuan Electronics, stated that its production and operations are normal and orderly, with stock price fluctuations influenced by macroeconomic conditions, industry trends, and market sentiment [1] Group 1: Company Operations - The company is focused on its main business and is committed to solid management practices to enhance performance and boost investor confidence [1]

Group 1 - The company held an online investor reception day on September 19, 2025, where executives addressed investor concerns regarding share buybacks, performance decline, stock price, project pre-sales, and revenue [1][2] - The company reported that as of the end of the reporting period, it held 16,267,830 shares in its buyback account, representing 7.25% of total shares, but did not include this account in the top 10 shareholders list as per disclosure regulations [1] - The company acknowledged a significant performance decline compared to industry leaders and committed to improving operational standards and overall value to better reward investors [2] Group 2 - Investors expressed concerns about the company's stock price, which has dropped 90% from its peak over the past four years, and requested measures to stabilize it [2] - The company confirmed that it has obtained a pre-sale permit for the Qi Jiang 42 project and expects completion by next year, with plans to manage assets efficiently to enhance cash flow and profitability [2] - The company plans to closely monitor favorable policies in the home furnishing sector and actively engage in promotional and recruitment activities [3]