On January 1, 2026, HLDY released a public announcement stating that it has scrapped its initial plan, which involved issuing shares and paying cash to acquire assets while also raising supplementary funds. Now, the company has decided to acquire a 100% stake in Shenzhen Chengxinwei Technology Co., Ltd. through an all-cash transaction worth RMB 310 million. Moreover, it has received a notification from the Shanghai Stock Exchange approving the termination of the relevant review process.

Originally, HLDY had intended to purchase all the shares of Chengxinwei and secure supplementary funds by issuing shares and making cash payments. This move was considered a significant asset restructuring. However, to protect the interests of both the company and its investors, enhance transaction efficiency, and minimize transaction costs, HLDY, after thorough deliberation and extensive consultations with all parties involved in the deal, chose to withdraw the initial restructuring application documents and transition to an all-cash acquisition approach.

On December 31, 2025, HLDY inked a Share Transfer Agreement with the counterparty, finalizing the acquisition through a RMB 310 million cash payment. The revised acquisition plan no longer qualifies as a major asset restructuring or a related-party transaction.