Xingyun Technology interacts easily on the Shenzhen Stock Exchange to respond to investors' concerns about the pending freezing of actual controller shares. The company said that the pending freeze of shares was caused by the relevant party's pre-litigation protection application. Currently, all relevant lawsuits have been won, and it is speeding up the lifting of the pre-litigation hold freeze to properly handle related disputes. According to the company's announcement on September 15, the current stock freeze has nothing to do with the actual controller Wang Wei and his co-actioners' own debt risk. The announcement corroborates that Wang Wei and his co-actors have had no records of large debts overdue or default in the past year, no credit rating downgrades, and no major litigation or arbitration due to debt; listed companies have not infringed on the company's interests, such as non-operating capital occupation or illegal guarantees. The company stressed that this freeze will not trigger a change in actual control of listed companies, will not interfere with the company's independent operations, will have no substantial impact on production, operation or corporate governance, and will not involve performance compensation obligations. The actual controller will push the successful case to complete the cancellation of probation and handle the matters involved in the lawsuit.

Xingyun Technology interacts easily on the Shenzhen Stock Exchange to respond to investors' concerns about the pending freezing of actual controller shares. The company said that the pending freeze of shares was caused by the relevant party's pre-litigation protection application. Currently, all relevant lawsuits have been won, and it is speeding up the lifting of the pre-litigation hold freeze to properly handle related disputes. According to the company's announcement on September 15, the current stock freeze has nothing to do with the actual controller Wang Wei and his co-actioners' own debt risk. The announcement corroborates that Wang Wei and his co-actors have had no records of large debts overdue or default in the past year, no credit rating downgrades, and no major litigation or arbitration due to debt; listed companies have not infringed on the company's interests, such as non-operating capital occupation or illegal guarantees. The company stressed that this freeze will not trigger a change in actual control of listed companies, will not interfere with the company's independent operations, will have no substantial impact on production, operation or corporate governance, and will not involve performance compensation obligations. The actual controller will push the successful case to complete the cancellation of probation and handle the matters involved in the lawsuit.