Xidiwei (688173.SH): Holding subsidiary Zinitix will be designated as a management stock by the Korea Exchange

Zhitong Finance App News, Xidiwei (688173.SH) issued a risk warning notice about the holding subsidiary, stating that the company's holding subsidiary Zinitix Co. , Ltd. (“Zinitix” for short) has a total common stock market value of less than 20 billion won for 30 consecutive trading days. Zinitix will be designated as a management stock by the Korea Exchange starting September 3, 2026. After being designated as a management stock, Zinitix will be delisted if its total common stock market value does not reach 20 billion won or more for 45 consecutive trading days within 90 trading days.

If Zinitix triggers delisting and loss of listing status, it may adversely affect Zinitix's business situation, causing the present value of the relevant asset group's future cash flow to fall below its book value, and there is a risk of impairment of goodwill. The impairment loss will directly reduce the total current profit, which in turn will adversely affect net profit attributable to shareholders of the listed company; the decline in its share liquidity may have a certain impact on its financing capacity, corporate governance, and business cooperation.

According to reports, Zinitix is an integrated circuit design company that has formed diverse product categories and application fields. The main products include touch controllers, touchpad modules and modules, tactile feedback drivers, magnetic safety transmission chips, etc., which are used in mobile devices such as smartphones, smart watches, tablets, laptops, and smart homes. In 2025 and January-June 2026, Zinitix's revenue was RMB 182 million and RMB 82.8094 million respectively, accounting for 19.36% and 15.66% of the company's total revenue.