Xiongsu Technology announced that the board of directors of the company reviewed and passed the bill and agreed that the wholly-owned subsidiaries Henan Xiongsu Industrial Co., Ltd. and Yunnan Xiongsu Technology Development Co., Ltd. would stop production. Among them, Henan Xiongsu retained business activities other than production. Yunnan Xiongsu stopped production and no longer assumed territorial business functions, and its customers were handled by other production bases. The two subsidiaries were unable to effectively release continuous losses due to production capacity. Net losses of RMB 28.328 million and RMB 29.5919 million were respectively in 2025, and net losses of RMB 9.2997 million and RMB 9.3737 million respectively from January to June 2026. The discontinuation of production is expected to have a certain impact on the company's 2026 operating data and will not have a significant negative impact on the company's ability to continue operating.

Xiongsu Technology announced that the board of directors of the company reviewed and passed the bill and agreed that the wholly-owned subsidiaries Henan Xiongsu Industrial Co., Ltd. and Yunnan Xiongsu Technology Development Co., Ltd. would stop production. Among them, Henan Xiongsu retained business activities other than production. Yunnan Xiongsu stopped production and no longer assumed territorial business functions, and its customers were handled by other production bases. The two subsidiaries were unable to effectively release continuous losses due to production capacity. Net losses of RMB 28.328 million and RMB 29.5919 million were respectively in 2025, and net losses of RMB 9.2997 million and RMB 9.3737 million respectively from January to June 2026. The discontinuation of production is expected to have a certain impact on the company's 2026 operating data and will not have a significant negative impact on the company's ability to continue operating.