Huamao Technology: Stock price experiencing abnormal fluctuations, early termination of reduction plan.

Huamao Technology announced that the company's stock accumulated a 20.95% increase in closing price over three consecutive trading days from December 10th to 12th in 2025, with a deviation value of 21.47% compared to the Shanghai Stock Exchange Index, which is considered abnormal volatility. The company's net profit attributable to the mother from January to September 2025 was 172.5 million yuan, a year-on-year decrease of 12.06%. The company plans to purchase assets and raise funds, pending registration approval. In addition, director and general manager Zhang Chuquan and its concerted action person collectively reduced their holdings by 4.0598 million shares on December 8th, accounting for 1.23% of the total share capital, and decided on December 12th to terminate the reduction plan ahead of schedule, committing not to reduce their holdings from December 13th, 2025 to December 12th, 2026.