China Rare Earth Group solemnly declares: We have never engaged in any form of cooperation, consultation or planning with relevant institutions or units regarding the so-called "Rare Earth Renminbi Stable Coin."

Some online media recently spread information such as "China Rare Earth Group, Ant Group, and the People's Bank of China jointly build the world's first rare earth RMB stablecoin." In response to this false and seriously misleading information that disrupts financial order, China Rare Earth Group Co., Ltd. solemnly declares the following: 1. Our company has never cooperated, negotiated, or planned with any relevant institutions or units on the so-called "rare earth RMB stablecoin." This information is maliciously fabricated by lawbreakers. Please do not believe or spread it. 2. Our company reminds all sectors of society and investors to be vigilant against illegal financial activities, pay attention to risk prevention, and guard against property losses. 3. Our company has reported to relevant departments and sternly demands that relevant units immediately cease infringing, deceiving, and other illegal activities. We reserve the right to pursue legal responsibility for any actions that harm our image and interests. 4. Any significant cooperation matters should be disclosed through our official channels.