Huida Sanitary Ware: Intends to list for sale 100% equity and debt of New Gaosheng in Guangxi

Huida Sanitary Ware announced on the evening of September 4th that its holding subsidiary, Beiliu Xingshengda New Materials Co., Ltd., plans to publicly list and transfer 100% of the equity and debt held by Guangxi Xingaosheng Ceramic Co., Ltd. The company also plans to publicly list and transfer the debt held by Guangxi Xingaosheng. As of June 30, 2025, the above-mentioned debt amounts to 132 million yuan and 138 million yuan respectively. In the fiscal year 2024, the operating income of Guangxi Xingaosheng accounted for 3.17% of the company's most recent audited operating income, and this asset sale will not have a substantial impact on the company's main business and continued operating capabilities. This transaction can adjust and optimize the company's industry structure.