XChange TEC plans U.S. AI push, to wind down China operations

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Go back to XChange TEC plans U.S. AI push, to wind down China operations

XChange TEC.INC Announces Proposed U.S. AI Business Expansion and Reduction of Mainland China Operations

October 6, 2026 8:30 AM EDT

SHANGHAI, Oct. 6, 2026 /PRNewswire/ -- XChange TEC.INC (Nasdaq: XHG) ("XChange" or the "Company"), a technology-focused company currently engaged in insurance agency and insurance technology businesses, today announced a strategic initiative to explore the expansion of its artificial intelligence (AI) business in the United States. As part of this initiative, the Company intends to gradually... More