Xiechuang Data Addresses Server Procurement Compliance Worries as Stock Price Tumbles in Afternoon Session
14 hour ago / Read about 0 minute
Author:小编   

On the afternoon of March 20, the computing power leasing industry had a dismal performance, and Xiechuang Data's stock price took a nosedive during trading, at one point reaching the maximum daily decline limit. This sharp drop was likely triggered by rumors concerning the compliance of the company's server procurement process. In a swift move, Xiechuang Data addressed the concerns of investors by offering a clear explanation regarding the compliance issues related to server procurement. The company clarified that some investors had expressed worries about individual overseas server manufacturers allegedly engaging in illicit transactions. However, after thorough verification, it was confirmed that these issues had no connection to Xiechuang Data. Xiechuang Data underscored that all its intelligent computing power products are sourced through legitimate and compliant commercial channels. Moreover, the company has consistently conducted its business operations in strict accordance with market norms, laws, and regulations.

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