crashgameearningapp| Huaqiang Technology: It is prohibited from participating in the military's material engineering service procurement activities within three years

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[Huaqiang Science and TechnologyCrashgameearningappForbidden to participate in military material engineering service procurement activities within 3 years] Securities Times e Company NewsCrashgameearningappHuaqiang Science and Technology (688151) announced on the evening of May 13, the military procurement network issued an announcement on May 10, and the procurement planning office of the War Service Department of the Joint Logistics support Force was related to the management of military suppliers.Crashgameearningapp.Crashgameearningapp..

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[Huaqiang Science and Technology: banned from participating in all-military material Engineering Service Purchasing activities for 3 years] Securities Times e Company News, Huaqiang Science and Technology (688151) announced on the evening of May 13, and the military procurement network issued an announcement on May 10. According to the relevant regulations on the management of military suppliers, the procurement planning department of the joint logistics force decided to ban the company from participating in military material engineering service procurement activities for three years from April 17, 2024. During the prohibition period, other enterprises controlled or managed by the legal representative Wang Dongmin are prohibited from participating in the above-mentioned scope of military procurement activities, and Tan Qiang, the bidding representative, is prohibited from representing other suppliers to participate in the above-mentioned scope of military procurement activities. According to the investigation, when the company participated in the procurement activities of the co-extrusion infusion membrane project of a department in Luoyang, there were irregularities such as "MissZhang" by the author of the electronic bidding documents of two suppliers in Hubei Huaqiang and Hebei Taihua. In the past three years, the company's sales of military materials and engineering services are mainly epidemic prevention materials such as medical protective masks, of which the revenue from sales of military materials and engineering services accounted for less than 0.25% of the main business income in 2023. Therefore, it is expected that the illegal handling decision will have little impact on the company's production and operation. The company's products can still be supplied to military, military industrial groups, channels and industry customers.