Xingyun Technology: Smooth Progress in Delivery, Acceptance, and Revenue Recognition for Current Orders
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Author:小编   

Xingyun Technology announced on an interactive platform that the delivery, acceptance, and revenue recognition processes for its current orders are advancing as scheduled. To date, the initial orders from customers V, VB, and VC have all been successfully delivered, accepted, and have commenced their leasing phases. However, it is important to note that the company's delivery capacity is subject to various constraints, including upstream hardware supply, procurement cycles, fundraising efforts, as well as delivery, operation, and maintenance capabilities. Should any of these relevant conditions worsen or if resources are not adequately secured, it could potentially impede the progress of order delivery, consequently exerting a certain degree of influence on the company's business revenue and profits.

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