Company: HNIT
Filing Date: 2025-07-14
Form Type: 10-Q
Source: 0001641172-25-018889
Chunk: 54

Company: Huineng Technology Corp
Filing Date: 2025-07-14
Form: 10-Q
Item: Item 2
Chunk 54
---

internal control over financial reporting established in Internal Control — Integrated Framework issued by the Committee of Sponsoring
Organizations of the Treadway Commission (“COSO”) in 2013 and SEC guidance on conducting such assessments. Based on such
evaluation, the Company’s management concluded that, during the period covered by this Report, our internal control over financial
reporting were not effective due to the presence of material weaknesses.

Changes
in Internal Control over Financial Reporting:

There
were no changes in our internal control over financial reporting during the three months ended May 31, 2025, that have materially affected,
or are reasonably likely to materially affect, our internal control over financial reporting.

-6-

PART
II — OTHER INFORMATION

Item
1. Legal Proceedings

We
are not subjected to nor engaged in any litigation, arbitration or claim of material importance, and no litigation, arbitration or claim
of material importance is known to us to be pending or threatened by or against our Company that would have a material adverse effect
on our Company’s results of operations or financial condition. Further, there are no proceedings in which any of our directors,
officers or affiliates, or any beneficial shareholder are an adverse party or has a material interest adverse to our Company.

Item
2. Unregistered Sales of Equity Securities and Use of Proceeds

None.

Item
3. Defaults Upon Senior Securities

None.

Item
4. Mine Safety Disclosures

Not
applicable.

Item
5. Other Information.

Insider
Trading Arrangements

During
the quarter ended May 31, 2025, none of our directors or officers adopted or terminated any contract, instruction or written plan for
the purchase or sale of our securities to satisfy the affirmative defense conditions of “Rule 10b5-1 trading arrangement”
or any “non-Rule 10b5-1 trading arrangement”.

ITEM
6. Exhibits

    31.1
     
    Rule 13(a)-14(a)/15(d)-14(a) Certification of principal executive officer

    32.1
     
    Section 1350 Certification of principal executive officer

    101.INS
     
    Inline
    XBRL Instance Document*
  
    101.SCH
     
    Inline
    XBRL Schema Document*
  
    101.CAL
     
    Inline
    XBRL Calculation Linkbase Document*
  
    101.DEF
     
    Inline
    XBRL Definition