On December 30, Xidian New Energy disclosed that during its board meeting held on December 29, a resolution was passed to defer the timeline of certain fund-raising investment projects. Specifically, the 'Chengdu Battery Connection System Production and Construction Project' has seen its target operational date revised from the fourth quarter of 2025 to the fourth quarter of 2026. The primary cause for this delay stems from unforeseen and uncontrollable circumstances, including the external business environment and the protracted pre-approval procedures necessary for infrastructure development, both of which have impeded the project's construction schedule. Xidian New Energy clarified that this adjustment does not alter the project's executing entity, implementation strategy, investment objectives, or overall investment sum. Furthermore, it will not disrupt the progress of the fund utilization plan and is expected to have minimal impact on the company's ongoing business operations.