China Rare Earth Group: Has never engaged in any form of cooperation, consultation, or planning with relevant institutions or units regarding the so-called "Rare Earth RMB Stablecoin."

ChainCatcher news, according to Zhitong Finance, some online media recently circulated information such as "China Rare Earth Group and Ant Group, the People's Bank of China jointly build the world's first rare earth RMB stablecoin."

In response to this false fabrication, which seriously misleads the public and disrupts financial order, China Rare Earth Group Co., Ltd. stated that it has never cooperated, negotiated, or planned with relevant institutions or units regarding the so-called "rare earth RMB stablecoin." This information is maliciously fabricated by criminals, and the public and investors are urged not to believe or spread it.

We remind all sectors of society and investors to be vigilant against illegal financial activities, to be aware of risk prevention, and to guard against property losses. The company has reported to the relevant authorities and sternly demands that the relevant units immediately stop infringing, defrauding, and other illegal activities.