Xingyu Co., Ltd. Issues an Apology Letter

On August 27, according to an official WeChat post by Xingyu Co., Ltd., the company issued an apology letter regarding its decision to terminate the employment of 107 recent graduates. It stated that it would provide a job-seeking living allowance, actively reach out to other companies to offer suitable positions, and, if employment is not secured within three months, compensate employees with six months’ salary.

The full text is as follows: