On the morning of July 22, Yuejiang announced on the Hong Kong Stock Exchange that the company noticed that recent false statements about Song's share of assets with the company's employee shareholding platform Shenzhen Yuejiang Consulting Partnership continued to spread, drawing the attention of all sectors of the market to the company. Song is not a founding shareholder or co-founder of the company. Song obtained a share of the cross-border partnership property through a transfer, and his indirect shareholding in the company came from the employee equity incentive plan. According to the employee equity incentive plan, the company's actual controller or designated third party has the right to repurchase the incentive share held by Song after leaving his job. It is legal and compliant for the Cross-Border Partnership to transfer the company's shares and adjust the internal property share ratio.

On the morning of July 22, Yuejiang announced on the Hong Kong Stock Exchange that the company noticed that recent false statements about Song's share of assets with the company's employee shareholding platform Shenzhen Yuejiang Consulting Partnership continued to spread, drawing the attention of all sectors of the market to the company. Song is not a founding shareholder or co-founder of the company. Song obtained a share of the cross-border partnership property through a transfer, and his indirect shareholding in the company came from the employee equity incentive plan. According to the employee equity incentive plan, the company's actual controller or designated third party has the right to repurchase the incentive share held by Song after leaving his job. It is legal and compliant for the Cross-Border Partnership to transfer the company's shares and adjust the internal property share ratio.