[Bug]: esm module hot update error, but rollback to version 1.3.2 works fine

[lzxb]

System Info

System:
OS: macOS 15.3.1
CPU: (10) arm64 Apple M4
Memory: 237.59 MB / 32.00 GB
Shell: 5.9 - /bin/zsh
Binaries:
Node: 22.15.0 - ~/.nvm/versions/node/v22.15.0/bin/node
Yarn: 1.22.22 - ~/.nvm/versions/node/v22.15.0/bin/yarn
npm: 10.9.2 - ~/.nvm/versions/node/v22.15.0/bin/npm
pnpm: 10.9.0 - ~/.nvm/versions/node/v22.15.0/bin/pnpm
Browsers:
Chrome: 136.0.7103.114
Edge: 135.0.3179.9

Details

Panic occurred at runtime. Please file an issue on GitHub with the backtrace below: https://github.com/web-infra-dev/rspack/issues
Message:  internal error: entered unreachable code: HMR is not implemented for module chunk format yet
Location: crates/rspack_plugin_runtime/src/module_chunk_format.rs:135

Run with COLORBT_SHOW_HIDDEN=1 environment variable to disable frame filtering.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ BACKTRACE ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
 1: _blake3_compress_in_place_portable
    at <unknown source file>
 2: _napi_register_module_v1
    at <unknown source file>
 3: _napi_register_module_v1
    at <unknown source file>
 4: _napi_register_module_v1
    at <unknown source file>
 5: _napi_register_module_v1
    at <unknown source file>
 6: _wasmer_eh_personality
    at <unknown source file>
 7: _napi_register_module_v1
    at <unknown source file>
 8: _napi_register_module_v1
    at <unknown source file>
 9: _napi_register_module_v1
    at <unknown source file>
10: _napi_register_module_v1
    at <unknown source file>
11: _napi_register_module_v1
    at <unknown source file>
12: _napi_register_module_v1
    at <unknown source file>
13: _napi_register_module_v1
    at <unknown source file>
14: _napi_register_module_v1
    at <unknown source file>
15: _napi_register_module_v1
    at <unknown source file>
16: _napi_register_module_v1
    at <unknown source file>
17: _napi_register_module_v1
    at <unknown source file>
18: _napi_register_module_v1
    at <unknown source file>
19: _napi_register_module_v1
    at <unknown source file>
20: _napi_register_module_v1
    at <unknown source file>
21: __pthread_deallocate
    at <unknown source file>

Reproduce link

https://github.com/lzxb/rspack-esm-hot-error

Reproduce Steps

Rspack project

Setup

Install the dependencies:

npm install

Get started

Start the dev server:

npm run dev

Build the app for production:

npm run build