Summary by Moomoo AI
Ding Yifeng Holding Group International Limited (“Ding Yifeng”) issued a clarifying announcement on 17 January 2024 in response to recent media reports regarding a “Notice of Significant Benefit to All Investors” purportedly issued by “Ding Yifeng International Asset Management Group” on 10 January 2024. The notice claimed that investors expected huge returns and mentioned Ding Yifeng's share price falling sharply after the announcement, as well as the suspicious nature of the company's business conduct. The Board of Directors of Ding Yifeng expressly declares that the Benefit Notice was not issued by Ding Yifeng and is not related to Ding Yifeng and its subsidiaries or affiliates. The Board also said that it was not aware of any reason for the recent sharp decline in the trading price of Ding Yifeng shares on the Hong Kong Stock Exchange Limited. The announcement was made by Mr. Lu Yu-min, Executive Director.