To our valued clients, partners, and friends of China Renaissance:

Recently, certain media outlets have published inaccurate reports regarding China Renaissance. These reports contain substantial subjective speculation and unfounded inferences, which are not only misleading but also detrimental to our reputation. To address these inaccuracies and prevent further misinformation, we are issuing this formal statement to strongly condemn such reporting and reserve the right to take legal action as necessary.

We would like to emphasize that China Renaissance’s business operations are progressing smoothly, our financial position remains robust, and we are advancing steadily under our new strategic plan. We are committed to fostering open, constructive, and effective communication with the media and the public, and to jointly contribute positive impacts for entrepreneurs, investors, the industry, and the society, thereby contributing to economic development..

We sincerely appreciate the attention and support from the media and the broader community. China Renaissance has always valued genuine, respectful dialogue and constructive feedback. However, we firmly oppose any form of inaccurate reporting and the malicious spread of misinformation, and we will take such matters seriously.

This statement is hereby issued.

China Renaissance Holdings Limited 
February 7, 2025