- XCHG Limited reported **revenues of US$12.5 million** for the first six months of 2025, marking a **38.2% decrease** from US$20.1 million in the same period of 2024, primarily due to U.S. trade policy uncertainty and evolving renewable energy regulations.  **[1979887_0001193125-25-212182_ck0001979887-ex99_1.htm:1]**  This resulted in a **net loss of US$7.3 million** for the first six months of 2025, compared to a net loss of US$0.2 million in the prior year period.  **[1979887_0001193125-25-212182_ck0001979887-ex99_1.htm:1]** 
- **Total EV charger deliveries decreased by 59.1%** to **472 units** in the first six months of 2025, down from 1,155 units in the corresponding period of 2024.  **[1979887_0001193125-25-212182_ck0001979887-ex99_1.htm:0]**  Despite this, the **gross margin improved to 51.3%** for the first six months of 2025, up from 48.7% in the same period of 2024.  **[1979887_0001193125-25-212182_ck0001979887-ex99_1.htm:1]** 
- The company announced the appointment of **Joel Adalberto Gallo as Chief Financial Officer**, effective September 3, 2025, and launched its new **GridLink charging system in the European market** in September 2025.  **[1979887_0001193125-25-212182_ck0001979887-ex99_1.htm:0]**

XCHG (XCH)