Huabao Co., Ltd.: The Indonesia Food Technology Comprehensive Base Project is an independent investment project within the company's system.

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Securities Star News, Huabao Co., Ltd. (300741) responded to investor questions on the investor relations platform on February 26.

Investor: Dear Secretary of the Board, is the factory in Indonesia a wholly owned subsidiary of the company, or does Huabao International also hold shares? Thank you.

Huabao Co., Ltd. Secretary: Dear investor, hello! Huabao International does not directly hold shares in the Indonesia Food Technology Comprehensive Base project. This project is an independent investment within the company’s system. As an important part of the company’s global strategic layout, the project aims to leverage the company’s own technology and operational advantages to provide stable and reliable products and technical support for emerging markets such as Southeast Asia, helping the company fully integrate into the international market and continuously enhance its overall strength in global competition. Thank you for your attention.

The above content is compiled from publicly available information by Securities Star and generated by AI algorithm (Network Information Calculation Backup No. 310104345710301240019), and does not constitute investment advice.

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