Yangtze Memory Technologies responds to rumors of going public: No intention of 'backdoor listing' whatsoever

On December 8, Jinshi Data reported that Yangtze Storage issued a statement stating that several media outlets have fabricated, spread, and disseminated false rumors about Yangtze Storage’s ‘backdoor listing’. To clarify the facts, our company hereby declares the following: 1. Yangtze Storage has no intention of ‘backdoor listing’. 2. Yangtze Storage has no direct business cooperation with listed companies such as ‘Wanrun Technology’. 3. We urge relevant parties to exercise restraint and immediately stop all false reporting. Our company reserves the right to pursue legal responsibilities of relevant parties.