Hunan Huasheng announced that the company plans to sell all stocks of Xiangcai Co., Ltd. currently held through centralized auction trading. As of now, the company holds 10.4752 million shares of Xiangcai Co., Ltd., accounting for 0.37% of the total shares. The board of directors has reviewed and approved the proposal, which still needs to be submitted for shareholder approval. This transaction is not considered a related party transaction nor a significant asset restructuring. The company stated that the sale of stock assets will help optimize the company's asset structure, realize the liquidation and realization of existing assets, and improve the liquidity and efficiency of asset utilization.