Core Viewpoint - Dahua Technology Co., Ltd. plans to spin off its subsidiary Zhejiang Huari Technology Co., Ltd. for an independent listing on the Hong Kong Stock Exchange, focusing on the industrial internet sector, particularly in machine vision and AMR mobile robots [1] Group 1 - The initial issuance scale for Huari Technology is set to not exceed 25% of the total share capital after the issuance, with an option for an overallotment of up to 15% of the initial issuance [1] - The listing on the Hong Kong Stock Exchange is expected to enhance Huari Technology's capital strength and broaden its financing channels, thereby improving its overall competitiveness and profitability [1] - The spin-off aims to accelerate the development of Huari Technology as a specialized entity in the research, production, and sales of core components and solutions for machine vision and mobile robots [1]