Xinyada: Cross border payment business revenue accounts for less than 5% of the company's total revenue

Xinyada has announced abnormal fluctuations in stock trading and recently noticed that some media have classified the company as a cross-border payment and stablecoin concept stock. After self-examination, the company's cross-border payment business includes cross-border payment systems, cross-border payment solutions, and services. In 2024, the operating income achieved by the company accounted for less than 5% of the total operating income, and did not have a significant impact on the company's business.