ST Jin Hong: Li Wenhao and the enterprises controlled by him have no direct or indirect equity relationship with Korean companies such as Samsung Group and SK Hynix Inc., or other Korean companies.

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ST Jin Hong issued a clarification statement, saying that after verifying with the actual controller, Mr. Li Wenhao himself, Mr. Li Wenhao and the companies he controls have no direct or indirect equity relationships, business cooperation relationships, overlapping cross-appointments of personnel, or other forms of interest arrangements with Korean companies such as the Samsung Group and SK Hynix Inc. The relevant rumors are purely fabricated by internet users. After investigation, the company, its controlling shareholders, and actual controller Mr. Li Wenhao have never, in any form, had any contacts, negotiations, or signed any agreements with Songshu Capital or its affiliates regarding any asset injection or industrial introduction matters. The company has no plans or arrangements to introduce industries through Songshu Capital, and the related rumors are seriously inaccurate.
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