Hongjing Technology issued a statement on October 7 saying that recently, the company was concerned about false reports relating to the company's business activities in individual overseas media. In order to avoid relevant content interfering with market perceptions, the company hereby states that the company always adheres to the basic principles of compliant management, procures all computing power equipment through compliant commercial channels, and always strictly complies with market rules and laws and regulations to carry out all business. Up to now, the company's overall production and operation situation is normal, and all businesses are progressing in a steady and orderly manner. The company will continue to monitor relevant public opinion developments and reserves the right to pursue all of its legal responsibilities in accordance with the law.

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