[Hemai Co., Ltd.: Termination of the 1 billion yuan household photovoltaic cooperation agreement with Huarong Financial Leasing] On October 16, Hemai Co., Ltd. (688032.SH) announced that the company and its wholly-owned subsidiary Hangzhou Heli signed a "Termination Agreement" with Huarong Financial Leasing, terminating in advance the household photovoltaic "Cooperation Agreement" signed by the two parties in May 2025. The original agreement stipulated that the scale of cooperation within three years was expected to be 1 billion yuan. Due to the impact of policy changes and changes in market demand, the cooperation was terminated through friendly consultation between the two parties. As of the date of the announcement, the cumulative scale of cooperation between the two parties is approximately 162 million yuan, and it has been confirmed that orders and operation and maintenance services will not be affected.