XCHG Limited Responds to Recent Unusual Trading Activity
December 20 2024 - 7:00AM
XCHG Limited (“XCharge” or the “Company”), (NASDAQ: XCH), a global
leader in integrated EV charging solutions, acknowledges the recent
unusual trading activity of its American Depositary Shares
("ADSs”).
The Company is not aware of any material news or
events that would account for this activity.
XCharge is committed to sound corporate
governance and transparent communication with its shareholders. The
Company's operations continue as normal, and its financial
condition remains strong.
XCharge’s business focuses on EV charging
solutions, and its ADSs are traded on the Nasdaq Global Market
under the unique ticker symbol “XCH.”
The Company encourages investors to rely on
factual information and consult with financial advisors when making
investment decisions.
About XCharge
XCharge, founded in 2015, is a global leader in integrated EV
charging solutions. The Company offers comprehensive EV charging
solutions which primarily include the DC fast chargers, the
advanced battery-integrated DC fast chargers, as well as its
accompanying services. Through the combination of XCharge’s
proprietary charging technology, energy storage system technology,
and accompanying services, the Company enhances EV charging
efficiency and unlocks the value of energy storage and management.
Committed to providing innovative and efficient EV charging
solutions, XCharge is actively working towards establishing a
global green future that is critical to long-term growth and
development.
For more information, please
visit: https://investors.xcharge.com/
Safe Harbor Statement
This press release contains forward-looking statements. These
statements are made under the “safe harbor” provisions of the U.S.
Private Securities Litigation Reform Act of 1995. Statements that
are not historical facts, including statements about the Company’s
beliefs and expectations, are forward-looking statements.
Forward-looking statements involve inherent risks and
uncertainties, and a number of factors could cause actual results
to differ materially from those contained in any forward-looking
statement. In some cases, forward-looking statements can be
identified by words or phrases such as “may,” “will,” “expect,”
“anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,”
“believe,” “potential,” “continue,” “is/are likely to”, or other
similar expressions. Further information regarding these and other
risks, uncertainties or factors is included in the Company’s
filings with the SEC. All information provided in this press
release is as of the date of this press release, and the Company
does not undertake any duty to update such information, except as
required under applicable law.
For investor and media inquiries, please
contact:
XCharge IR Department Email: ir@xcharge.com
Piacente Financial Communications Brandi Piacente Tel:
+1-212-481-2050 Jenny Cai Tel: +86 (10) 6508-0677 Email:
XCharge@tpg-ir.com
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