According to Huafeng Technology's announcement, 10 shareholders including Huafei Investment intend to participate in the pre-launch shareholder inquiry and transfer. The total number of shares to be transferred is 6.513,800 shares, accounting for 1.39% of the total share capital. The reason for the transfer is their own capital requirements. This inquiry transfer is a private transfer. The transferee is an institutional investor with corresponding pricing capabilities and risk tolerance, and the transferred shares cannot be transferred within 6 months. The implementation of this inquiry and transfer plan involves risks such as shares being judicially frozen and changes in the market environment.

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