The entire incident has had a very negative impact not only domestically but also globally. According to Xingyu Co., Ltd.'s IPO application materials, based on 2025 sales revenue, it ranks first in the Chinese automotive lighting market and seventh globally; in the intelligent vehicle lighting market, it ranks first both globally and in China. However, instead of becoming a benchmark for employment security, such a company has caused a serious l…
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The entire incident has had a very negative impact not only domestically but also globally. According to Xingyu Co., Ltd.'s IPO application materials, based on 2025 sales revenue, it ranks first in the Chinese automotive lighting market and seventh globally; in the intelligent vehicle lighting market, it ranks first both globally and in China. However, instead of becoming a benchmark for employment security, such a company has caused a serious l…