Core Viewpoint - The news regarding the "Rare Earth RMB Stablecoin" was quickly debunked by China Rare Earth Group, which stated that it had never engaged in any collaboration or discussions about such a project, emphasizing the importance of protecting its reputation and the interests of investors [1][3]. Company Response - China Rare Earth Group issued a strong statement denying any involvement with the so-called "Rare Earth RMB Stablecoin," effectively countering the rumors and clarifying the truth to the public [3]. - The company urged the public and investors to be vigilant against illegal financial activities and to be cautious of potential financial losses, demonstrating its responsibility towards investor protection [3][5]. - The group has reported the situation to relevant authorities, demanding the cessation of any infringing or fraudulent activities, and reserves the right to pursue legal action against those damaging its image and interests [3][5]. Industry Impact - The spread of the rumor has the potential to harm the reputation of China Rare Earth Group, which is a leading entity in the industry, possibly leading to skepticism among investors and partners, thereby affecting business development and relationships [5]. - The rumor could negatively impact the rare earth industry as a whole, which is crucial for national defense, technology, and renewable energy sectors, potentially leading to misunderstandings about the industry's regulatory practices [5]. Investor Risks - The dissemination of the rumor poses significant risks to investors, who may be misled into making impulsive investment decisions based on false information, potentially leading to financial losses [6]. - The false information could also incite panic in the market, prompting irrational decision-making among investors, further exacerbating market volatility [6]. Recommendations for Stakeholders - Companies should enhance their information management and risk prevention capabilities, ensuring that all public communications are accurate and timely, while also monitoring online sentiment to address rumors promptly [7]. - Government agencies need to strengthen oversight of online information, improve legal frameworks, and encourage public participation in reporting rumors to maintain market order [7][8]. - Media and social media platforms should adhere to ethical standards, ensuring the accuracy of information before dissemination to prevent the spread of falsehoods [7][8]. - The public should develop better information discernment skills, relying on official channels for accurate information and avoiding impulsive reactions to unverified news [8].
中国稀土集团严正声明:击碎谣言,守护行业与投资者权益