Founder of Spirit Tech, Zhu Mingming, responds: Company restructuring and share reform will proceed at a normal pace.

Founder of Lingban Technology, Zhu Mingming, responded to rumors of the company planning to go public, stating that the company is progressing with the stock reform work at a normal pace. Currently, the cash flow is abundant, with reserves exceeding 1.5 billion yuan, and the dismantling of the red-chip structure and internal restructuring have been completed, paving the way for the optimization of domestic and international business. Zhu Mingming revealed that the team is focusing on developing new products this year, and is confident in facing industry challenges. Data shows that Lingban Technology ranks second in the global AI glasses market, with China at the top.