XChange TEC.INC (XHG) Form 6-K — Jul 16, 2026

XChange TEC.INC reported revenue of $28.7 million for the six months ended March 31, 2026, a 12.6% increase from the prior year, while narrowing its net loss to $2.6 million compared to a massive loss driven by goodwill impairment in the previous period. The company benefited from a reduction in operating expenses and the absence of goodwill impairment charges during the current period. Despite the operational improvement, the company raised substantial doubt about its ability to continue as a going concern, citing current liabilities that exceed current assets by approximately $131 million and limited cash resources of $1.4 million.

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