Xingyuanda announced after hitting the daily limit up for two consecutive trading days that the company did not participate in the development or supporting supply of the Long March 10B carrier rocket, and the rocket's technological breakthroughs will not affect its short-term operating performance. The company's satellite communication business accounted for only 12.33% of revenue in 2025, and its products are satellite communication terminal equipment, which belongs to a different industry chain segment from rocket recovery technology. Although the unmanned systems business is the largest segment, revenue fell from approximately 503 million yuan in 2023 to about 205 million yuan in 2025, facing pressure from declining orders. In addition, Juli Sling was ordered to correct, issued a warning, and fined 4.5 million yuan by the Hebei Securities Regulatory Bureau for making misleading statements when replying to investors on the interactive platform, by failing to accurately disclose the application of its products in the commercial aerospace sector, order amounts, and proportions. The then-board secretary and general manager were also fined 3 million yuan and 2 million yuan respectively.
Juli Sling Co LtdJuli Sling fined 4.5 million yuan for misleading statements about commercial aerospace business.
Beijing StarNeto Technology Co LtdXingyuanda clarified it did not participate in Long March 10B project, and its satellite communication business is only 12.33% of revenue; unmanned systems revenue fell sharply.