Xiongtao Co., Ltd. issued a change announcement. The company's solid-state battery business is still in the R&D and pilot testing stages, has not yet entered the mass production stage, and has not generated sales revenue. There is currently no significant impact on the company's overall performance. Affected by factors such as macroeconomics, industry policies, changes in the market environment, and the progress of construction projects, there is also a risk that industrialization and commercialization will fall short of expectations.

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