Heytea said it had no plans to go public for the time being

Xicha Shanghai Lujiazui Software Park Go Store

On February 9, it was reported that Heytea was making large-scale layoffs, involving 30% of employees. In this regard, Xicha responded that the relevant rumors are false information, the company does not have the so-called large-scale layoffs, and a small number of personnel adjusted to normal personnel adjustment and optimization based on year-end assessment. In addition, there are views that the personnel optimization is intended to cut costs, dress up performance statements, and prepare for listing. In response, Xicha responded that the news was untrue and that the company currently had no listing plans.