IFBH (06603) opened sharply higher in morning trading, gaining over 50% and reaching a peak of HK$15.77. This surge follows a cumulative decline of more than 20% over the previous three trading sessions. At the time of writing, the stock was up 40.23% at HK$14.71, with a turnover of HK$51.9951 million.

On the afternoon of March 4th, Yifu IF issued a formal statement via its official Weibo account addressing recent online rumors. The statement refuted what it called false information circulating about its IF brand 100% coconut water product, specifically claims of "added external sugars and external water." The company stated that certain media outlets and individuals had disseminated these claims without verification, and that malicious amplification of the rumors had seriously misled consumers and damaged the IF brand's reputation.

The statement clarified that since its launch, the IF brand 100% coconut water has consistently adhered to a "natural and pure" product philosophy and strictly followed production standards. The company asserted that no external sugars, external water, or artificial flavors are added during the production process, and that all sugar content is naturally derived from the coconuts themselves.

This corporate response comes after a report from The Beijing News, which stated that its consumer research institute had selected four common coconut water products from the market for testing. The report claimed that isotopic testing revealed the presence of added external water and sugars in these products, despite their ingredient lists only indicating "coconut water." Although The Beijing News pixelated the brand logos on the tested products, one was identifiable by its packaging and size as the IF coconut water. These test results had initially fueled market skepticism regarding whether IF's product contained "extra added sugar."