XGD: Wholly-owned subsidiary Dongguan XGD Technology won the land use rights for 29.99 million yuan

XGD's wholly-owned subsidiary, Dongguan XGD Technology, successfully acquired the state-owned construction land use rights in Dongguan Binhaiwan New District for 29.99 million yuan. The land area is 19,909.87 square meters, and the land use rights are for a duration of 50 years. This land will be used to build a headquarters base for intelligent manufacturing and artificial intelligence, aiming to promote the deployment of intelligent manufacturing equipment, aligning with the company's medium and long-term planning, enhancing research and development and intelligent manufacturing levels, transforming production models towards intelligence and automation, and strengthening market competitiveness

XGD released its performance for the first half of the year, with a net profit attributable to the parent company of 275 million yuan, a decrease of 38.61%

According to the Zhitong Finance APP, XGD released its semi-annual report for 2025, with operating revenue of 1.527 billion yuan, a year-on-year decrease of 3.17%. The net profit attributable to shareholders of the listed company was 275 million yuan, a year-on-year decrease of 38.61%. The net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 243 million yuan, a year-on-year decrease of 38.90%. The basic earnings per share were 0.49 yuan

XGD: Planning to issue H shares and apply for listing on the Hong Kong Stock Exchange Limited

XGD: Planning to issue H shares and list on the Hong Kong Stock Exchange

XGD announced that the company plans to issue H shares and apply for listing on the Main Board of the Hong Kong Stock Exchange to deepen its global strategic layout, accelerate the expansion of overseas business, build an international capital operation platform, and broaden diversified financing channels. The relevant proposal has been approved by the board of directors and will be submitted to the shareholders' meeting for review, and it must obtain the approval, authorization, or filing from the relevant regulatory authorities. The specific issuance and listing time will be determined by the board of directors and/or its authorized persons

Stablecoin concept stocks fluctuate lower, with Eastcompeace and several other stocks falling over 5%

Stablecoin concept stocks performed poorly, Eastcompeace, Tianyang Technology, Hengbao Co., LTD., Sifang Jingchuang, and NORTHKING TECH. fell over 5%, while XGD, Xiongdi Technology, Sunline, and Chutianlong also declined