360 (601360.SH): Relevant personnel never held core management positions in listed companies during their tenure. The company did not have financial fraud

Zhitong Finance App News, 360 (601360.SH) announced that the company was concerned that the media had reprinted false statements posted by “former executives” on WeChat groups and social platforms, involving financial fraud in the company's game business, etc. The relevant screenshots were disseminated on the Internet, which attracted some attention. After verification, the relevant personnel were the head of the GameWave game company, which was acquired by QiHoo 360 Technology Co., Ltd., the 360 original US stock listed entity. The relevant personnel joined the Qihoo 360 subsidiary in 2014 and left their jobs in 2015 due to personal reasons. During his tenure, he never held 360 core management positions in A-share listed companies.

According to verification, since the restructuring and listing, GameWave's average annual business revenue from 2018 to 2024 was about 0.2 billion yuan, accounting for about 0.2% of the company's average annual revenue during this period. Since the company's restructuring and listing, revenue recognition from the game business has complied with corporate accounting standards. The company has always strictly complied with the requirements of laws, regulations and regulatory documents. Financial data over the years has been audited by auditors, and standard unqualified audit reports have been issued, and there are no cases of financial fraud.