Core Viewpoint - Yufengchang Holdings (08631) clarifies its non-involvement with Shaanxi Yufengchang Chain Catering Management Co., Ltd. amid media reports of private loan disputes and potential legal actions due to financial difficulties [1] Group 1 - The board of Yufengchang Holdings has noted media reports regarding private loan disputes involving certain individuals and Shaanxi Yufengchang, which allegedly failed to repay principal and interest due to liquidity constraints and poor performance [1] - The company emphasizes that Shaanxi Yufengchang is not part of its group, and it does not hold any equity or exercise control over its business operations or financial management [1] - Yufengchang Holdings has not entered into any commercial transactions, loan agreements, or guarantee arrangements with Shaanxi Yufengchang, and there is no ongoing contractual relationship between the two [1] Group 2 - The board has learned that the former chairman and executive director, Mr. Wang Xinlong, serves as an executive director of Shaanxi Yufengchang [1] - The company clarifies that Mr. Wang's role at Shaanxi Yufengchang is in a personal capacity and does not represent Yufengchang Holdings [1] - As of the announcement date, there is no overlap in the board, senior management, or operational personnel between Yufengchang Holdings and Shaanxi Yufengchang [1]
裕丰昌控股澄清：陕西裕丰昌并非集团的一部分，与其无任何持续的合同关系