Huineng Technology Corp (HNIT): M&A transaction — Controlling stake in Huineng acquired by Ping Li; ownership changes to 72.2%

On August 1, 2025, a Stock Purchase Agreement was entered into between Kae Ren Tee (the "Seller") and Ping Li (the "Purchaser"), wherein the Purchaser purchased 32,140,000 shares of Common Shares at a price of $0.001 per share (the "Shares"), of Huineng Technology Corporation, a Nevada corporation (the "Company"). This transaction was financed through the Purchaser's own capital. As a result, the Purchaser became an approximately 72.2% holder of the voting rights of the issued and outstanding shares of the Company, on a fully-diluted basis, and became the controlling shareholder.