- AURALiC, a Hong Kong-based audio equipment manufacturer, ceased operations in September 2025, marking the end of its presence in the high-end audio market.
- The company's community forum, a key communication channel for CEO Xuanqian Wang, went offline unexpectedly mid-September 2025, signaling potential issues.
- Earlier in 2025, Xuanqian Wang resigned as CEO to pursue other ventures, retaining shares but stepping down from leadership roles.
- AURALiC's suspension of U.S. shipments due to tariffs significantly impacted sales, contributing to an 80% revenue decline.
- Reports suggest AURALiC's intellectual property is on sale for $2 million, with no immediate plans for warranty or repair services disclosed.