Huamao Technology: Intends to postpone replying to the inquiry letter about purchasing assets review.
Huamao Technology announced that the company plans to issue shares and pay cash to purchase 9.93% equity of Shenzhen Fuchuangyue and other assets, as well as raise funds. On November 7, 2025, the company received an inquiry letter from the Shenzhen Stock Exchange for review, with a total reply time of not more than 1 month and the possibility to apply for a one-time extension. Due to the need for further confirmation on some matters, it is expected that the complete reply cannot be submitted within the specified time. The company has applied for an extension of not more than 1 month from the expiration of the reply period to submit written replies and other documents. This transaction still requires review by the Shenzhen Stock Exchange and registration by the China Securities Regulatory Commission, and there is uncertainty.
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