Xingyun Technology Announces Joint Venture Establishment

On May 18, Jin10 reported that Xingyun Technology held its seventh board meeting on May 17, 2026, where it approved the proposal to invest in a joint venture and related transactions. Xingyun Zhiling Technology Co., Ltd., a wholly-owned subsidiary, plans to invest 17.5 million yuan alongside Changsha Xianghan Liquid Control Technology Partnership, Shenzhen Xingyun Zhiling Capital Investment Partnership, Mr. Jiang Di, and Mr. Sun Gaofa to establish Xingyun Zhiling Technology Co., Ltd. Following this establishment, Xingyun Zhiling will become a subsidiary and be included in the company's consolidated financial statements. The new company will focus on the research, sales, and technical services of liquid cooling equipment. The industry faces risks such as rapid technological changes, increased market competition, slower-than-expected customer expansion, and policy adjustments, which may affect business growth and profitability.