Dalian Friendship: Company Secretary Responds to Huayuan Securities Backdoor Listing Rumors, Denies Any Related Matters or Plans

Deep News08-19

An investor inquiry was submitted regarding market rumors about Huayuan Securities potentially conducting a backdoor listing through Dalian Friendship(Group)Co.,Ltd.

Investor Question: As we approach the end of 2025, market rumors suggest that Huayuan Securities will conduct a backdoor listing through Dalian Friendship. The backdoor method is expected to follow the mainstream path of "asset replacement + additional share issuance," with an estimated timeline of 12-18 months. Has the company considered the operational timeline? Why would such a long period be required? Are there any expedited or simplified approaches available?

Company Secretary Response (Dalian Friendship SZ000679): Hello investor, the company currently has no such matters as you described, nor do we have any related plans. Please refer to official information disclosure channels for company information.

Disclaimer: This information does not constitute any investment advice; data accuracy is not guaranteed, and content is for reference only.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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