Company: XCH
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0000950170-25-056976
Chunk: 141

Company: XCHG Ltd
Filing Date: 2025-04-23
Form: 20-F
Item: Item 7
Chunk 141
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., of which we own 12% equity interest, in 2022, 2023 and 2024, respectively.
In October 2023, we provided a loan in the amount of RMB0.7 million (equivalent to US$95 thousand) to Beijing Zhichong New Energy Technology Co., Ltd. with a simple interest rate of 6% per annum. The principal and accrued interest shall be due within a year. Proceeds from repayment of the loan to Zhichong New Energy Technology Co., Ltd. was US$25 thousand in 2024.
As of December 31, 2022, 2023 and 2024, there were no amounts due to Beijing Zhichong New Energy Technology Co., Ltd. As of December 31, 2022, 2023 and 2024, the balance of amounts due from Beijing Zhichong New Energy Technology Co., Ltd was US$73 thousand, US$0.6 million and US$1.9 million, respectively.
Share Incentive Plans
See “Item 6. Directors, Senior Management and Employees—6.B. Compensation—Share Incentive Plans.”
Employment Agreements and Indemnification Agreements
See “Item 6. Directors, Senior Management and Employees—6.B. Compensation—Employment Agreements and Indemnification Agreements.”
7.C. Interests of Experts and Counsel
Not applicable.