XCHG ‘not aware of any material news’ to account for unusual trading activity

XCHG (XCH) acknowledges the recent unusual trading activity of its American Depositary Shares. The company said, “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.”