Xingyun Technology released an announcement, revealing significant progress in addressing the false rumors surrounding the alleged delay of 'computing power cards at customs.' Following an investigation by public security authorities, it was discovered that on August 11, 2026, an individual, involved in unlawful conduct, shared unverified information within a WeChat group. Aware of the possible negative repercussions for the company, this person nonetheless disseminated the information across multiple WeChat groups, exacerbating its spread and resulting in adverse effects. Based on Article 29, Item 1 of the Public Security Administration Punishment Law of the People's Republic of China, the Kaifu Branch of the Changsha Public Security Bureau imposed an administrative penalty on the individual responsible for these illegal actions. Xingyun Technology reiterated its commitment to holding those accountable and urged investors to trust only the information officially released by the company through its designated media outlets.
