Company: HFFG
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001680873-25-000074
Chunk: 63

Company: HF Foods Group Inc.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 4
Chunk 63
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-year technology transformation initiative with the full implementation of its enterprise systems across all distribution centers and the retirement of legacy applications. This modernization provides a unified platform for financial and operational processes, enabling greater consistency, automation, and standardization of control activities. In parallel, management continued to enhance documentation, training and accountability for control owners across business units and functions. These changes are expected to strengthen the Company’s IT environment and support the continued enhancement of internal controls over financial reporting. Other than these changes there were no changes in our internal control over financial reporting (as defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act) during the quarter ended September 30, 2025 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

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PART II - OTHER INFORMATION

ITEM 1.     Legal Proceedings.

From time to time, we are a party to various lawsuits, claims and other legal proceedings that arise in the ordinary course of business. With respect to our outstanding legal matters, we believe that the amount or estimable range of reasonably possible loss will not, either individually or in the aggregate, have a material adverse effect on our business, consolidated financial position, results of operations, or cash flows. For information relating to legal proceedings, see Note 15 - Commitments and Contingencies to our condensed consolidated financial statements.

ITEM 1A.     Risk Factors.

There have been no material changes from the risk factors disclosed in Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2024.

ITEM 2.    Unregistered Sales of Equity Securities and Use of Proceeds from Registered Securities.

None.

ITEM 3.    Defaults Upon Senior Securities.

None.

ITEM 4.    Mine Safety Disclosures.

Not applicable.