Company HAERS Financial Update

In recent developments, HAERS, a company listed on the Shenzhen Stock Exchange and operating within the Consumer Discretionary sector, specifically in the Household Durables industry, has been active in its financial maneuvers. As of the close of trading on May 29, 2025, HAERS shares were priced at CNY 7.22. The company’s stock has experienced fluctuations over the past year, reaching a 52-week high of CNY 10.11 on October 31, 2024, and a low of CNY 5.82 on June 23, 2024.

Share Buyback Progress

On June 3, 2025, HAERS announced the progress of its share buyback program. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value. The announcement was made public through a notice available on the Shenzhen Stock Exchange’s official website.

Issuance of A-Share Stocks

In a series of announcements dated June 2, 2025, HAERS disclosed its plans regarding the issuance of A-share stocks to specific investors. Central to these announcements was the involvement of China International Capital Corporation Limited (CICC), which provided a revised issuance proposal and underwriting proposal for the 2023 issuance of A-share stocks to specific investors. These documents, crucial for understanding the terms and conditions of the stock issuance, were made available for public review.

Legal and Financial Opinions

The legal framework surrounding the issuance was further clarified through a third legal opinion provided by Beijing Jing Tian Gongcheng Law Firm. This document, alongside a revised special explanation from Tian Jia Certified Public Accountants regarding the second round of audit inquiry letters on financial matters, underscores the thorough due diligence process undertaken by HAERS in this financial endeavor.

Investor Communications

HAERS also updated its investors on the revised prospectus for the 2023 issuance of A-share stocks to specific investors, ensuring transparency and providing detailed information on the terms of the issuance. Additionally, a reminder notice was issued regarding the updates to the application documents for the issuance, including the revised prospectus and other related documents.

These developments indicate HAERS’s active engagement in strategic financial planning and investor relations, aiming to strengthen its market position and shareholder value in the competitive Consumer Discretionary sector. For more detailed information, interested parties are encouraged to review the documents linked in the company’s announcements on the Shenzhen Stock Exchange’s official website.