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Stock impact report

XMax Announces Formation of XMax AI Inc. to Execute AI Expansion Strategy [Yahoo! Finance]

XMAX, Inc. (XWIN) 
Company Research Source: Yahoo! Finance
its Board's approval of strategic expansion into artificial intelligence (“AI”) as previously announced on March 24, 2026, the Company has formally established a wholly owned subsidiary, XMax AI Inc. , on April 2, 2026, marking a significant milestone in the Company's strategic expansion into the AI area for technology-driven growth. As previously disclosed, XMax's Board of Directors approved a strategic initiative to expand into the AI sector. The formation of XMax AI Inc. represents the first operational step in executing this strategy and reflects the Company's commitment to building a dedicated platform for its AI-related activities. “The establishment of XMax AI Inc. marks a key execution milestone in our strategic expansion into artificial intelligence,” said Mr. Xiaohua Lu, the Chief Executive Officer of XMax. “While our furniture business continues to provide a strong operational foundation, the launch of this new subsidiary enables us to actively build and scale our AI ca Show less Read more
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