On September 7, Xingyun Technology released a statement revealing that the Kaifu Branch of the Changsha Municipal Public Security Bureau had meted out administrative penalties to individuals responsible for circulating false claims, such as "Xingyun Technology's computing power cards were detained at customs," and had informed the company of this action in writing. Following an investigation, it was discovered that on August 11, 2026, an individual shared unverified information within a WeChat group. Despite being aware of the potential negative repercussions for the company, this person proceeded to spread the information to a broader audience, leading to unfavorable outcomes. Consequently, the Kaifu Branch of the Changsha Municipal Public Security Bureau has decided to levy administrative penalties on the individuals implicated. Xingyun Technology has affirmed its commitment to tracing the origins of these rumors and will, in accordance with legal procedures, hold accountable any instances of rumor-mongering, malicious defamation, or market disruption, thereby safeguarding the lawful rights and interests of both the company and its investors.
