Core Viewpoint - He Sheng New Materials announced that the recent matters concerning director Wu Haifeng are personal and unrelated to the company, with no changes in control or operations of the board, and normal production and operations are maintained [2] Group 1: Company Operations - As of June 30, 2025, He Sheng New Materials has four production lines for PCM/VCM, one intelligent composite materials production line, and one 3D printing production line [2] - The company specializes in the research, production, and sales of appearance composite materials for home appliances, achieving a high market share among major domestic and international home appliance brands [2] Group 2: Shareholding Plans - Wu Haifeng plans to increase his shareholding in the company by investing between RMB 10 million and RMB 20 million within six months from the announcement date, using personal or raised funds through the Shenzhen Stock Exchange [4] - As of the announcement date, Wu Haifeng did not hold any shares in the company and had not disclosed any shareholding increase plans in the previous 12 months [4]