Company: HNIT
Filing Date: 2025-01-23
Form Type: 10-K
Source: 0001493152-25-003324
Chunk: 5

Company: Huineng Technology Corp
Filing Date: 2025-01-23
Form: 10-K
Item: Item 1
Chunk 5
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 legal proceedings or claims that we believe will have a material adverse effect on our business, financial
condition or operating results. None of our directors, officers or affiliates is involved in a proceeding adverse to our business or
has a material interest adverse to our business.

ITEM
4. MINE SAFETY DISCLOSURES

Not
applicable.

7

PART
II

ITEM
5. MARKET FOR REGISTRANT’S COMMON EQUITY AND RELATED STOCKHOLDER MATTERS

Our
common stock is currently quoted on the OTC Pink under the trading symbol “ACZT”.

Trading
in stocks quoted on the OTC Pink is often thin and is characterized by wide fluctuations in trading prices due to many factors that may
have little to do with a company’s operations or business prospects. We cannot assure you that there will be any liquidity for
our common stock in the future.

For
the periods indicated, the following table sets forth the high and low bid prices per share of common stock based on inter-dealer prices,
without retail mark-up, mark-down or commission and may not represent actual transactions.

    Fiscal Year 2024 
    Highest Bid  
    Lowest Bid 
  
    First Quarter 
    $        -  
    $        - 
  
    Second Quarter 
    $-  
    $- 
  
    Third Quarter 
    $-  
    $- 
  
    Fourth Quarter 
    $-  
    $- 

Holders

As
of November 30, 2024, we have 31 shareholders on record of our common stock.

Transfer
Agent and Registrar

The
transfer agent for our capital stock is Transfer Online, Inc, with an address at 512 SE Salmon St., Portland, OR 97214, United States
and telephone number is +1 (503) 227-2950.

Penny
Stock Regulations

The
Securities and Exchange Commission has adopted regulations which generally define “penny stock” to be an equity security
that has a market price of less than $5.00 per share. Our Common Stock, when and if a trading market develops, may fall within the definition
of penny stock and be subject to rules that impose additional sales practice requirements on broker-dealers who sell such securities
to persons other than established customers and accredited investors (generally those with assets in excess of $1,000,000, or annual
incomes exceeding $200,000 individually, or $300,000,