Xiongtao Holdings: The company does not have a partnership with Huawei, Nvidia, Microsoft, etc.
Xiongtao Group issued a clarification announcement, stating that the concepts related to the Taodin Law published by the company and Huawei are not related to the company's main business. The company is not a "core supplier of AI computing power infrastructure" and does not engage in the research, development, production, and operation of core computing power infrastructure such as AI chips and AI servers. The company currently has no cooperation with Huawei, ByteDance, NVIDIA, or Microsoft. The company's hydrogen energy business is still in the early stages of commercialization, with revenue from the hydrogen energy sector in 2025 amounting to 8.69 million yuan, having a minimal impact on the company's operating performance.
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