X.J. Electrics Announces Payables Rescheduling Agreement

Reuters11-18

X.J. Electrics Announces Payables Rescheduling Agreement

X.J. Electrics (Hu Bei) Co. Ltd has announced a supplemental disclosure regarding a payables rescheduling agreement, which constitutes a disclosable transaction for the company. The announcement clarifies details about the ultimate beneficial owners of the customer involved in the agreement, stating that approximately 67.2% of the customer is owned by Mr. Shae Hong, with the remaining 32.8% owned by friends-and-family investors, former employees, and option incentive pools. The company confirmed that the customer and its beneficial owners are independent third parties with no connection to X.J. Electrics or its related persons. All other information from the original announcement remains unchanged.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. X.J. Electrics (Hu Bei) Co. Ltd published the original content used to generate this news brief on November 18, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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