• Huazhang Technology reported a wider loss for the year ended June 30, 2026, as other income and gains deteriorated.
• New contract value fell 33.6%, reflecting cautious industry capital spending, despite gains in overseas markets.
• Project contracting revenue more than doubled, offsetting weaker industrial product sales.
• Baoshan Xinshengtai Paper became a subsidiary in August 2026 following bankruptcy restructuring aimed at recovering historical claims.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Huazhang Technology Holding Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261027-12384068), on October 27, 2026, and is solely responsible for the information contained therein.