Huaxia Happiness: Stock price experienced abnormal fluctuations, projected profit for 2025 is expected to be deficit or may be subject to delisting warning.

Huaxia Happiness announced that the closing price of the company's stock fell by a cumulative deviation of 20% from January 13th to 15th, 2026, for three consecutive trading days, which constitutes abnormal volatility. After self-examination, the company's production and operation are normal, and there are no undisclosed matters to be disclosed in addition to major disclosed matters. Preliminary estimates show that the net profit attributable to the shareholders of the listed company for the year 2025 is -24 to -16 billion yuan, non-recurring net profit is -25 to -17 billion yuan, and the net assets at the end of the year are -15 to -10 billion yuan. The company's stock may be subject to delisting risk warning after the disclosure of the 2025 annual report, and there is uncertainty in both pre-restructuring and entering restructuring procedures.