Yushu responds to IPO valuation of 50 billion yuan: The news is false

On the evening of September 8th, in response to the news that "Yushu Technology's expected IPO valuation is as high as 50 billion yuan," a Yushu Technology representative replied to reporters: "As of now, there has been no discussion of IPO valuation within or outside the company, and the relevant valuation information is false."