On July 22, 2026, ST Xintong issued an announcement responding to a regulatory inquiry from the Shanghai Stock Exchange regarding its 2025 annual report information disclosure. The announcement detailed the company's main business operations, including hardware customization, technology development and services, and information system integration. Hardware customization has become the primary revenue contributor, but its gross profit margin is extremely low, at just 1.5%. The technology development and services business has been affected by operator policies, resulting in a decline in both order volume and gross profit margin. The information system integration business has a higher gross profit margin, but its scale is limited. Additionally, the company addressed issues such as advance payments, capital occupation, and illegal guarantees, stating that it will urge relevant parties to repay the occupied funds and has accrued estimated liabilities for the illegal guarantee cases.