HNIT
Huineng Technology CorpCIK 0001994373 · Computer Processing & Data Preparation
Aceztech Corporation, a Nevada corporation, (herein referred as “the Company”) was incorporated under the laws of the State of Nevada on August 15, 2023. About this business →
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About Huineng Technology Corp
Source: Item 1 (Business) from the 10-K filed February 27, 2026. Description as filed by the company with the SEC.
ITEM
1. BUSINESS
Overview
Aceztech
Corporation, a Nevada corporation, (herein referred as “the Company”) was incorporated under the laws of the State of Nevada
on August 15, 2023.
On
June 4, 2024, the Company acquired 100% of the equity interest of Aceztech Sdn. Bhd., a limited liability company incorporated in Malaysia.
On
January 21, 2025, the Company’s Board of Directors approved changing the corporate name from Aceztech Corporation to Huineng Technology
Corporation (herein referred as the “Name Change”) and approved the application for a new stock symbol (herein referred as
the “Symbol Change”). On the same day, the Company filed an Issuer Company-Related Action Notification Form with Financial
Industry Regulatory Authority (herein referred as “FINRA”) to request effectiveness of the Name Change and Symbol Change.
On
February 14, 2025, FINRA announced that the Name Change and Symbol Change would be made effective in the marketplace as of market open
on February 18, 2025. Additionally, FINRA approved the Company’s request to change its stock symbol from “ACZT” to
“HNIT”.
On
February 20, 2025, our sole director and officer, Kae Ren Tee resigned his positions as Director, President, Chief Executive Officer,
Secretary and Treasurer of the Company. Upon such resignations, Mr. Guoxiang Ao was appointed as the new President, Chief Executive Officer,
Secretary, Treasurer and Director of the Company.
On
April 9, 2025, the Company has decided to dissolve its wholly owned subsidiary, Aceztech Sdn. Bhd. As a result, Aceztech Sdn. Bhd. is
being deconsolidated in the Company’s financial statements.
Read full description ↓
Huineng
Technology Corporation is currently headquartered in Kowloon, Hong Kong (herein referred as “Hong Kong”). We primarily provide
application and website related services including application and website development, website design and website maintenance to companies
and individual customers in Malaysia and Hong Kong. Our mission is to serve as a trusted partner on our customers’ digital journeys.
The
Company’s executive office is located at Flat 6, 15/F, Bell House 525-543 Nathan Road, Yau Ma Tei, Kowloon, Hong Kong.
4
Description
of Business
Aceztech
Corporation, a Nevada corporation, (herein referred as “the Company”) was incorporated under the laws of the State of Nevada
on August 15, 2023.
On
June 4, 2024, the Company acquired 100% of the equity interest of Aceztech Sdn. Bhd., a limited liability company incorporated in Malaysia.
On
January 21, 2025, the Company’s Board of Directors approved changing the corporate name from Aceztech Corporation to Huineng Technology
Corporation (herein referred as the “Name Change”) and approved the application for a new stock symbol (herein referred as
the “Symbol Change”). On the same day, the Company filed an Issuer Company-Related Action Notification Form with Financial
Industry Regulatory Authority (herein referred as “FINRA”) to request effectiveness of the Name Change and Symbol Change.
On
February 14, 2025, FINRA announced that the Name Change and Symbol Change would be made effective in the marketplace as of market open
on February 18, 2025. Additionally, FINRA approved the Company’s request to change its stock symbol from “ACZT” to
“HNIT”.
On
February 20, 2025, our sole director and officer, Kae Ren Tee resigned his positions as Director, President, Chief Executive Officer,
Secretary and Treasurer of the Company. Upon such resignations, Mr. Guoxiang Ao was appointed as the new President, Chief Executive Officer,
Secretary, Treasurer and Director of the Company.
On
April 9, 2025, the Company has decided to dissolve its wholly owned subsidiary, Aceztech Sdn. Bhd. As a result, Aceztech Sdn. Bhd. is
being deconsolidated in the Company’s financial statements.
Huineng
Technology Corporation is currently headquartered in Kowloon, Hong Kong (herein referred as “Hong Kong”). We primarily provide
application and website related services including application and website development, website design and website maintenance to companies
and individual customers in Malaysia and Hong Kong. Our mission is to serve as a trusted partner on our customers’ digital journeys.
Huineng
Technology Corporation is positioned as an organization dedicated to achieving success in the application and website development industry
in Hong Kong. The company currently specializes in various digital services, including application and website development, design, and
maintenance. In response to the expanding entrepreneurial landscape, our aim is to translate clients’ ideas into impactful online
ventures, facilitating effective communication of their business messages to target online audiences.
Application
and website development or application and website creation is at the core of our services. We collaborate closely with clients to design
and build custom applications and websites. Our process involves in-depth consultation (conducted online remotely or physically at our
office location) to understand the client’s goals, target audience, and unique requirements. We aim to craft user-friendly, visually
appealing, highly functional and responsive websites that not only showcase the client’s brand but also provide a seamless user
experience. Our application and website development services primarily encompass informative corporate applications and websites, spanning
across various sectors, including product manufacturing and service offerings.
Our
website design services involve crafting visually captivating and engaging interfaces that align with our client’s brand identity.
We pay meticulous attention to every detail, ensuring that each website reflects the essence of the business it represents. Consideration
is given to color schemes, typography, and imagery in creating websites that resonate with target audiences. In today’s digital
world, users access websites from various devices. Therefore, we develop responsive design to ensure that our client’s website
looks and functions flawlessly on PCs, tablets, and mobile phones.
Website
maintenance is an often overlooked but critical aspect of online success. Our company takes care of this burden for clients, ensuring
their websites remain up-to-date, secure and functioning optimally. This includes regular data maintenance to keep content, images and
other information accurate and relevant, regular backups and uptime monitoring to protect clients’ data and assure that the websites
stay operational even during traffic spikes.
Understanding
website performance is crucial for business growth. Our website traffic analysis services provide clients with valuable insights into
user behavior. We employ analytics tools to track metrics such as page views, traffic sources and conversion rates. These insights help
clients to identify strengths and weaknesses in their online strategies, allowing them to make data-driven decisions for content and
user optimization.
By
providing a comprehensive suite of services, our company aims to enable clients to establish a strong online presence, connect with their
target audiences, and ultimately achieve their digital objectives. Dedication to quality, innovation, and continuous improvement all
play a role in shaping the digital success of our clients and supports them in remaining competitive.
The
Company has delivered the primary services, comprised of application and website development and website design, to two customers at
this time, and has entered into an agreement to provide ongoing website maintenance services, which will be renewed on an annual basis,
to both customers. Our two significant customers are unrelated parties. Each customer is based in Malaysia, with one operating in the
food and beverage industry, and the other providing an online reading platform. The term and termination provisions of the agreement
are: “This Agreement shall be effective as of the Effective Date and shall remain in force unless otherwise terminated as provided
herein. Client may, at its sole discretion, terminate any or all work outstanding, or any portion thereof, immediately upon written notice.
Upon receipt of notice of such termination, Company shall inform Client of the extent to which performance has been completed through
such date. The full amount of service fee collected by Company would not be refunded upon termination. Company may not terminate any
work under this Agreement without prior written consent of Client. In the event of any termination of this Agreement, all obligations
and responsibilities of Company shall survive and continue in effect and shall inure to the benefit of and be binding upon the parties
and their legal representatives, heirs, successors, and assigns. The termination of any provision of this Agreement shall not excuse
a prior breach of that provision.”
Marketing
In
order to boost our brand and attract more clients, we have set up our website at https://www.hnit.tech/index.html to showcase
our company and services. We are also using search engine marketing to help more clients reach our website. We believe client referrals
are a highly effective and cost-efficient way for us to acquire new clients. In addition, we intend to engage in online paid advertisements
to boost our brand recognition while continuing to improve client satisfaction to encourage our word-of-mouth referrals.
Additionally,
we plan to leverage our Director’s personal networks and social connections to expand our marketing efforts. Finally, we have plans
to promote our company through social networking websites.
It
is important to note that the specific details of our marketing strategies are still being developed, and we do not have a definitive
timeline for their completion. As a result, all our marketing initiatives are still in the planning phase.
5
Competition
The
application and website development industry is currently undergoing a significant transformation, characterized by intense competition
and fragmentation. We anticipate that competition will only intensify in the future. The barriers to entry in this industry are relatively
low, resulting in a saturated market filled with a diverse array of providers. These range from freelancers and small agencies to large
web development firms. Consequently, clients have numerous options to choose from, creating a highly competitive landscape.
The
application and website development industry continually evolves, with new technologies, frameworks, and tools emerging regularly. Staying
competitive often requires investing in ongoing learning and adapting to industry trends. We believe that many of our competitors possess
significantly greater resources than we do. Furthermore, this industry faces global competition, as application and website development
services can be provided remotely. This allows clients to hire talent from around the world, enabling developers and agencies from different
countries to compete for the same projects.
Price
competition is common in this industry, with some providers offering low-cost solutions to attract clients. This adds to the challenge
of maintaining profitability while delivering high-quality work. In periods of reduced demand for our services, we must decide between
either reducing our prices to remain competitive and retain market share or maintaining our prices, potentially sacrificing market share.
In either case, sales and overall profitability could be impacted.
Employees
As
of November 30, 2025, Huineng Technology Corporation has one employee, our President and sole director, Mr. Guoxiang Ao. Currently, Mr.
Ao is dedicating up to 30 hours per week to our business, but he is prepared to commit more time if necessary. Our company plans to expand,
and we aim to employ six individuals by the end of 2026. These new hires will be distributed across various roles, with one employee
focusing on management and administration, another on marketing, and four professionals specializing in application development, website
development, design, and maintenance services. It is our priority to hire individuals with industry-recognized qualifications, primarily
recruited from reputable institutions in the information technology sector, and possessing an average of approximately 5 years of industry
experience. It should be noted that the aforementioned plans are in development, and the Company may explore the feasibility of outsourcing
certain operations to third parties, rather than to future employees, depending upon the Company’s circumstances at such time.
At
this point, we do not offer pension, health, annuity, insurance, stock options, profit-sharing, or similar benefit plans. However, we
may consider adopting such plans in the future. Presently, there are no personal benefits available to our employee, Officer, and/or
Director. We are committed to building a strong team and developing our business as we move forward.
Government
Regulations
Huineng
Technology Corporation primarily offers application and website development, and website maintenance services. We operate under the jurisdiction
of Malaysian laws and regulations, which govern and regulate our business activities with certain countries and individuals. To the best
of our knowledge, we are not required to obtain any licenses, except for potential business registration licenses in jurisdictions where
we plan to operate. The legal landscape for internet-based businesses is evolving rapidly and is often characterized by ambiguity which
encompasses data privacy and security, pricing, advertising, content regulation and intellectual property. We are subject to several
local and foreign privacy and data protection laws. Regulatory bodies worldwide have either adopted or proposed requirements related
to the collection, distribution, use, security and storage of personal information or other confidential information of individuals.
When
developing websites and conducting data maintenance, the Company or its employees may need to access personal information, as outline
in the Malaysia Personal Data Protective Act 2010 (referred to as “PDPA”). According to the PDPA, a Data User, such as the
Company or its employees is prohibited from processing personal data related to an individual unless that individual has granted explicit
consent for the processing of their personal information. Failure to adequately protect data or ensure its secure destruction could expose
us to potential regulatory investigations or enforcement measures under relevant data security or consumer protection laws. The extent
and understanding of these regulations may change, leading to potential increases in both the obligations placed on us and the costs
associated with our compliance in the future.
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