Yangtze Memory Technologies issued a statement denying rumors of "backdoor listing"

Recently, rumors about Yangtze Memory Technologies, a major domestic NAND Flash chip manufacturer, going public through a backdoor listing have been widely circulated in the media. In response, Yangtze Memory Technologies officially issued a statement at 23:20 on the evening of December 9 to refute the rumors. Yangtze Memory Technologies emphasized that it has never had any intention of "going public through a backdoor listing" and has no direct business cooperation with listed companies such as "Vanrun Technology". At the same time, Yangtze Memory Technologies called on relevant units to respect themselves and immediately stop all false reports, and stated that it would reserve the right to pursue legal responsibilities of relevant units.