On October 12, XUNCE fell 5.17% in regular trading, extending a sharp pullback after shareholders unanimously approved an investment of up to 12 billion yuan to build an AI inference and computing center and to seek credit facilities of up to 10 billion yuan. Market concerns over increased financial leverage and rigid capital expenditure associated with the heavy-asset expansion continued to weigh on sentiment.

Although revenue grew 389% year over year to 967 million yuan in the first half and the company returned to profitability, the scale of the computing investment relative to the current valuation prompted some investors to lock in profits. Similar selling pressure had also emerged on October 8, indicating that market disagreement over the AI expansion strategy remains unresolved.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)