Baida Group Co.,Ltd issued a stock trading risk warning notice. There have been recent market rumors stating "New Xio Group is about to backdoor-list Baida". The company has not received any information from the controlling shareholder regarding this rumor, nor has it been involved in or planned any related matters. The controlling shareholder and the actual controller have clearly stated that there is no plan to list New Xio Elevator Group Limited through backdoor-listing Baida Group Co.,Ltd. Upon the company's self-inspection, the current production and operation situation of the company is normal, and the information disclosed earlier by the company does not require any corrections or supplements.