After a self-examination, the company found that current production and Operation are normal, with stable domestic Business. Affected by policy changes and the business environment in Mexico, the company's factory in Mexico performed below expectations this year, with a loss of nearly 20 million in the first three quarters. There have not been significant changes in the internal and external environment, nor are there any anticipated significant changes. The company does not have any significant information that should be disclosed but has not been disclosed. Regarding market rumors, the company discovered similar company research records circulating in the market. After verification, the content was not information released through company research and is considered false market information. The company reserves the right to legally pursue responsibilities of enterprises and individuals for spreading such false information. The company's screw products are new products developed based on the technology extension of Bearing products. From 2024 to date, the cumulative invoiced income from screw products is approximately 6.8 million yuan, including tax, which is a very small proportion and does not impact the company's performance.

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11天8板五洲新春:墨西哥工厂今年业绩不及预期,前三季度亏损近两千万
In 11 days, 8 boards of Zhejiang XCC Group: The performance of the factory in Mexico this year did not meet expectations, with a loss of nearly 20 million in the first three quarters.
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