PANews August 11th news, some online media recently circulated information related to "China Rare Earth Group and Ant Group, along with the People's Bank of China, jointly established the world's first rare earth RMB stablecoin." In response to this false fabrication, which severely misleads the public and disrupts financial order, China Rare Earth Group Co., Ltd. (hereinafter referred to as "our company") solemnly declares as follows: 1. Our company has never engaged in any form of cooperation, consultation, or planning regarding the so-called "rare earth RMB stablecoin" with relevant institutions or organizations. This information is maliciously fabricated by criminals, and we urge the public and investors not to believe or spread it. 2. Our company reminds all sectors of society and investors to be vigilant against illegal financial activities, be cautious of risks, and guard against property losses. 3. Our company has reported to the relevant authorities, solemnly requesting the related units to immediately cease infringement, fraud, and other illegal activities, and reserves the right to pursue legal responsibility for any actions that harm our company's image and interests. 4. Any significant external cooperation matters should be disclosed through our company's official channels.
