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            Statement

            • Number of visits: 3950
            • Date: 2021-01-15

            Yangtze Memory Technologies Co., Ltd.,(hereinafter referred to as "YMTC" or "Company") has noticed recently that a number of foreign media have published and/or disseminated through various channels untruthful and misleading statements in regards to YMTCs productivity construction and product sales. YMTC hereby solemnly states:

            Ever since its incorporation in July 2016, YMTC has always adhered to its creed of conducting  business lawfully.  In all its domestic and overseas business activities,  YMTC has always strictly complied with all applicable laws and regulations of the jurisdiction in which YMTC conducts its business activities.   YMTC provides products and services for commercial and civil customers usage only.  Please refer to YMTCs official website for any future announcements regarding the developmental plans of the Company.

            YMTC reserves all rights to pursue legal actions as granted by law against domestic and foreign media and journalists who have published or may publish untruthful and misleading reports and statements in regards to YMTC, as well as organizations or individuals who forward or assist in the dissemination of similarly untruthful and misleading reports and statements.

            It is hereby announced.

            Yangtze Memory Technologies Co., Ltd.

            January 13th, 2021

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