On September 10, Huamai Technology's stock price fell to a standstill. In the previous three trading days, the company's stock price continued to rise and fall. According to the news, Huamai Technology announced on the evening of September 9 that Xu Aimin, the controlling shareholder, plans to transfer 11 million shares to Wang Bingkun at 14.37 yuan/share, accounting for 5.27% of the total share capital and a total price of 158 million yuan. Compliance confirmation by the Shanghai Stock Exchange is still required. The company is mainly engaged in wireless communication networks and traditional optical communication products. Data centers and computing power-related fields account for a relatively small revenue share. Furthermore, the company warned that price increases for optical cable products are unsustainable. Regarding the fall in stock prices, Huamai Technology responded to the reporter's statement that the stock price was affected by multiple factors such as industry supply and demand, and market sentiment. Optical cable products are processed and manufactured using optical fiber as raw materials. Prices have risen recently. The price increase is not sustainable. There is a risk that prices will fall in the future, and the impact on the company's future performance is uncertain. Regarding the issue of the controlling shareholder's discount transfer, Huamai Technology told reporters that the actual controller, Xu Aimin, transferred part of the company's shares through an agreement to repay the stock pledge financing loan and reduce the risk of the pledge.

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