Hainan Huatie announced that on July 28, 2026, the company and relevant responsible persons received the “Administrative Penalty Decision” issued by the Zhejiang Regulatory Bureau of the China Securities Regulatory Commission. In March 2025, the company's subsidiary signed a “Computing Power Service Agreement” with an estimated amount of 3.69 billion yuan. Subsequent delivery delays and terminations were not promptly disclosed. The company was ordered to make corrections, give a warning, and be fined 3 million yuan; then-general manager Hu Danfeng, chairman Zhang Qiao, and board secretary Guo Haibin were also warned and fined 1 million yuan, 600,000 yuan, and 600,000 yuan respectively. The company has not touched on the relevant delisting situation and is currently operating normally.

Hainan Huatie announced that on July 28, 2026, the company and relevant responsible persons received the “Administrative Penalty Decision” issued by the Zhejiang Regulatory Bureau of the China Securities Regulatory Commission. In March 2025, the company's subsidiary signed a “Computing Power Service Agreement” with an estimated amount of 3.69 billion yuan. Subsequent delivery delays and terminations were not promptly disclosed. The company was ordered to make corrections, give a warning, and be fined 3 million yuan; then-general manager Hu Danfeng, chairman Zhang Qiao, and board secretary Guo Haibin were also warned and fined 1 million yuan, 600,000 yuan, and 600,000 yuan respectively. The company has not touched on the relevant delisting situation and is currently operating normally.