Xiamen Xiangyu: Fire broke out in a warehouse leased by an indirectly controlled subsidiary, with no casualties.
Xiamen Xiangyu announced that around 5 PM on August 2, 2026, its indirectly controlled subsidiary, Qingdao Xiangyu Suchuan Supply Chain Co., Ltd., experienced a fire at its leased warehouse located in Qingdao, Shandong. There were no personnel trapped or casualties, and the cause of the fire is under investigation. The losses from the incident are being assessed and verified, and the goods in the affected warehouse are fully insured, with the insurance claims process proceeding in an orderly manner. The company has established a special task force to assist with the investigation and aftermath, urging enhanced safety management to mitigate the impact of the incident on customers. The company will disclose progress in a timely manner and remind investors to be aware of the risks.
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