Xia Lian took to her WeChat Moments to address the spin-off and impending listing of Banma Network, revealing that she had departed the company following the share reform at the conclusion of April 2025. She cited her departure as a result of a lack of optimism about the company's future, disinterest in the listing and financing process, and dissatisfaction with certain senior executives. While acknowledging that her exit could potentially halve Banma's valuation, she nonetheless expressed her wishes for the company's success in its initial public offering.
