Xitong Technology Board Approves Simplified Merger with Hongkang Technology
Xitong Technology, in order to integrate group resources and improve operational efficiency, has decided to merge with its wholly‑owned subsidiary Hongkang Technology. The merger effective date is scheduled for April 1, 2026; if adjustments are required due to regulatory authority requirements, laws, merger agreements, or actual execution, the chairpersons of both parties are authorized to handle it.