XChange TEC.INC

Mr. Zongquan  Yang

Head of Product Management, Senior Manager of IT Center

Mr. Zhichen  Sun

Chief Financial Officer

Mr. Chengcai  Qu

Chairman of the Board, Chief Executive Officer, Chief Operating Officer & Vice President

Mr. Jiamin  Chen

Vice President, GM of Investment & Financing Department and Director

Mr. Gang  Xie

Chief Technology Officer & Director

SHANGHAI , Sept. 24, 2024 /PRNewswire/ -- XChange TEC.INC (NASDAQ: XHG) (the "Company"), today announced that on September 24, 2024, the Company entered into a Securities Purchase Agreement with VG Master Fund SPC ("VG") pursuant to which the Company may from time to time sell VG up to $25.0 million of American Depositary Shares ("ADSs") with each ADSs representing 600,000 of the Company's Class A Ordinary Shares.

XChange TEC.INC Announces Entry into $25.0 Million Committed Equity Facility with VG Master Fund SPC

BETHESDA, Md.--(BUSINESS WIRE)--Quantum Xchange, delivering the future of encryption with crypto agility, visibility, and management solutions, today announced that it has been named an IDC Innovator in the report, IDC Innovators: Post Quantum Cryptography, 2024 (Doc #: US52524924). IDC Innovator reports highlight emerging vendors that are offering new technology, a groundbreaking solution to an existing issue, and/or an innovative business model. Since its launch in 2018, Quantum Xchange has b.

Quantum Xchange Recognized as an IDC Innovator for Post-Quantum Cryptography

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