Yufengchang Holdings Limited has issued a clarification announcement regarding recent media reports about private lending disputes involving Shaanxi Yufengchang Chain Catering Management Co., Ltd. The company emphasized that Shaanxi Yufengchang is not part of the Yufengchang Holdings Group, and there are no equity interests, commercial transactions, loan agreements, or guarantee arrangements between the two entities. Additionally, the board noted that Mr. Wang Xinlong, a former chairman and executive director of Yufengchang Holdings, currently serves as an executive director of Shaanxi Yufengchang in a personal capacity, which does not represent Yufengchang Holdings. The company urged shareholders and investors to rely only on official announcements and not on media reports or market speculation when making investment decisions.

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