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On August 20, a reporter from The Paper had a video call with Yuan Bingsong, the founder of Lai Dian. Regarding the "loss of contact" and the claim that state-owned assets may have been lost during the cooperation between Lai Dian Technology and the state-owned assets of Pujiang County, Zhejiang Province, Yuan Bingsong told the reporter of The Paper that he had transferred all of Lai Dian Technology's shares in August 2021. "As for whether there is a loss of state-owned assets, the judicial authorities of Pujiang County have filed a case for investigation, involving seven or eight people. As the founder of Lai Dian, I have cooperated with the relevant departments in the investigation and have made a comprehensive statement of what I know. I believe there will be a fair conclusion."

The reporter from The Paper learned that Yuan Bingsong will be atTik TokandWeChatVideo account live broadcast.

On the same day, Zhou Jia, the founder of Wukong Fast Charge, also issued a statement saying that Yuan Bingsong was his classmate and friend for many years, and clarified that Yuan Bingsong did not work for or invest in Wukong Fast Charge. "Some media reports, self-media articles and market rumors have linked Mr. Yuan with "loss of state-owned assets", "transfer of benefits" and "mysterious disappearance". The conclusions drawn are irresponsible and inconsistent with what I know. I believe that the law will give a fair and just result."

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