YOUZAN (08083) released a statement regarding the misinterpretation of GEO reports: the two companies are not related.

YOUZAN (08083) officially released a statement stating that it has noticed that some media reports yesterday associated the "GEO company" mentioned in the 315 Gala with the "Nanjing Xiaoliebian Network Technology Co., Ltd." invested by YOUZAN. After verification by the company, the GEO-related products mentioned in the 315 Gala are not developed or operated by "Xiaoliebian". Some reports may have incomplete verification of information, leading to the incorrect association of two unrelated companies. YOUZAN stated that the company invested in Nanjing Xiaoliebian Network Technology Co., Ltd. in 2021, mainly because of its plugin tool development capabilities in the enterprise WeChat ecosystem, and hopes to strengthen business synergy. This investment has no equity, business, or technological connection to GEO-related businesses. From the beginning, the company has strongly opposed the poison-style GEO. The positioning of the company's relevant business, "Add My Recommendation Official," is: "Help merchants optimize product expression, let AI accurately understand merchant products," all based on real information about brands and products, without false packaging and dissemination, and definitely not promoting harmful content. Currently, the business has received positive feedback from the market, and brand customers generally understand and appreciate the approach. The company has always maintained good communication with model manufacturers and insists on conducting the most compliant and platform-welcomed business.