Huasu Holdings (000509.SZ): The recently disclosed equity acquisition progress announcement showed signs of revisions due to staff upload errors, and there were no deliberate acts of concealing or misleading the market

Zhitong Finance App News, Huasu Holdings (000509.SZ) issued an announcement. Recently, the company disclosed the “Progress Notice on the Acquisition of Shares and the Signing of Share Transfer Agreements” on Juchao Information Network. Some media have successively published reports on the above announcement version with traces of revisions since the evening of October 9, triggering questions in the market about the takeover announcement and content related to the transaction. The content of the article mainly relates to: 1. Why was there an omission in the company's information disclosure review process; 2. Whether the revised records involved sensitive or confidential content. After verification, the company explained the above matters as follows:

1. This incident is due to the fact that the staff did not adjust the announcement document from the “final state” under “Revision” to “accept all revisions made to the document” when uploading the announcement, and the reviewers did not include the revised status of the version in the scope of review.

2. The revised records do not include sensitive or confidential content. The revised version is completely consistent with the content of the final official version, and there are no differences in the information disclosure content:

(1) Regarding the statement on the scope of the guarantee against the target company, it has been deleted that the total purchase price covered by the target company's guarantee agreement was $15,443,275. The guarantee agreement was signed in May 2025. As of the date of signing the current equity transfer agreement, the counterparty to the transaction had already repaid most of the purchase price one after another, and the book balance of the purchase price covered by the guarantee was only $3.105,500. According to the “Equity Acquisition Agreement”, the above guarantee liability shall be terminated before the transaction is completed. After the transaction is completed, all equipment assets and all proceeds under the name of the target company are not collateralized, pledged, sealed, frozen or otherwise restricted in rights. In order to avoid misunderstandings among investors, the company revised the relevant statements in the announcement to ensure that the final disclosure was true and accurate.

(2) Regarding the deleted statement “The agreed repayment period is not more than 5 years”, since the “Repayment Plan Agreement” was not formally signed, it is inappropriate to reflect the specific repayment period in the announcement. The company disclosed future arrangements to sign the “Repayment Plan Agreement” and clarify the repayment amount and repayment period.

The above revisions are based on a more strict expression of the actual situation, and there are no acts that deliberately mislead market judgments such as the size of the guarantee or repayment period. The above revisions have not changed the core terms and established arrangements of this transaction, nor will they have a substantial impact on the progress of this share acquisition.