HUAQIN's stock plummeted 5.35% during Tuesday's intraday trading session.

The decline follows a period of rapid appreciation where the stock surged 14.47% the prior week and reached a near-one-year high, driven by strong first-quarter results showing a 26% year-over-year increase in net profit. Significant institutional net outflows of 153 million yuan indicate profit-taking pressure following this substantial gain.

The broader Technology Hardware, Storage and Peripherals sector exhibited pronounced weakness, with several major companies including Lenovo Group, Legend Holdings, and Futong Technology also experiencing declines during the session.