O-film: Clarifying rumors of by controlling shareholders and has requested retraction and accountability.
O-Film Technology announced that certain media reports questioning the actual controller Cai Rongjun regarding the transfer of benefits to New Pigeon and New Thinking are not true after verification. The company and the two entities operate independently in research and development and operations, with fair pricing for related transactions. In the past three years, the only transaction with New Pigeon involving the rental of factory buildings occurred in 2023, amounting to 1.2348 million yuan; the related transactions with New Thinking are part of normal business operations. The company has requested that the media retract the reports, stop dissemination, and report for accountability.
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