Company: XCH
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0000950170-25-056976
Chunk: 8

Company: XCHG Ltd
Filing Date: 2025-04-23
Form: 20-F
Item: Item 3
Chunk 8
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 Any delays in such development could adversely affect market adoption of our products and thus adversely affect our business, results of operations, financial condition and prospects.”
•Risks associated with our future monetization strategies. For details, see “Item 3. Key Information—3.D. Risk Factors—Risks Related to Our Business—We cannot guarantee that our future monetization strategies will be successfully implemented or generate sustainable revenues and profit.”
•Risks associated with the significant competition in the EV charger market. For details, see “Item 3. Key Information—3.D. Risk Factors—Risks Related to Our Business—We currently face competition from a number of companies and expect to face significant competition in the future as the EV charger market develops.”
•Risks associated with our ability to increase sales of our products to our customers. For details, see “Item 3. Key Information—3.D. Risk Factors—Risks Related to Our Business—Our future revenue growth will depend in significant part on our ability to increase sales of our products to our customers.”
•Risks associated with our reliance on a limited number of suppliers and OEM of certain key components for our products. For details, see “Item 3. Key Information—3.D. Risk Factors—Risks Related to Our Business—We rely on a limited number of suppliers and OEMs of certain key components for our products, such as batteries. A loss of any of these partners, including as a result of a global supply shortage or major shipping disruption, could negatively affect our business, results of operations, financial condition and prospects.”
•Risks associated with our reliance on a limited number of customers for a substantial portion of our revenues. For details, see “Item 3. Key Information—3.D. Risk Factors—Risks Related to Our Business—We are dependent on a limited number of significant customers for a substantial portion of our revenues. The loss of any such customer, or a reduction in revenue generated from any such customer could have a material adverse effect on our business, results of operations, financial condition and prospects if they are not replaced by another large sales order.”
•Risks associated with foreign currency fluctuations. For details, see “Item 3. Key Information—3.D. Risk Factors—Risks Related to Our Business—We may be adversely affected by foreign currency fluctuations.”
•Risks associated with our ability to effectively expand our sales and marketing capabilities. For details, see “Item 3. Key Information—3.D. Risk Factors—Risks Related