XCharge Issues Statement Regarding Recent Share Price Volatility
Globe Newswire•14/10/2026•07:30 ET
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Key Highlights
- ➤XCharge says it is unaware of any specific reason for recent ADS price volatility
- ➤CFO Joel Adalberto Gallo says current market valuation does not reflect underlying fundamentals
- ➤Co-CEO Yifei (“Simon”) Hou says XCharge remains focused on execution and sustainable growth
Expert Statements
Joel Adalberto Gallo, Chief Financial Officer of XCharge
“We believe that the Company's current market valuation does not reflect its underlying business fundamentals, technological capabilities, and growth potential”
Yifei (“Simon”) Hou, Co-Chief Executive Officer of XCharge
“We are confident in XCharge’s long-term growth opportunity and the strength of our underlying business fundamentals. Our focus remains on execution, innovation, and translating our competitive strengths into sustainable growth and long-term shareholder value”
HAMBURG, Germany and AUSTIN, Texas, Oct. 14, 2026 (GLOBE NEWSWIRE) -- XCHG Limited (“XCharge” or the “Company”) (Nasdaq: XCH), a global provider in high-power EV charging solutions, today issued a statement regarding recent volatility in the market price of the Company's American Depositary Shares (“ADSs”).
The Company has noted the recent fluctuations in its ADS price and is not aware of any specific reason for these market movements. The Company is focused on executing its business plan, serving its customers and partners, and strengthening its position across its key markets.
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