PANews reported on October 25th that, according to Sina Finance, China Poly Group issued a statement regarding recent online rumors regarding the "Poly Stablecoin in Hong Kong," the "Poly Stablecoin Fund," and related entities. The statement stated that Poly Group and its subsidiaries have not organized or participated in any business or activities related to the Hong Kong Stablecoin or Stablecoin Fund. Hong Kong-registered companies "Poly Digital Industry Group Co., Ltd.", "Poly Digital Asset Co., Ltd.", and "Poly Digital Asset Issuance Co., Ltd." have no equity or affiliation with Poly Group or its subsidiaries, nor do they have any investment, cooperation, or business relationships. All actions of these companies are unrelated to Poly Group. Poly Group urges all sectors of society to remain vigilant, exercise due diligence, and exercise caution in investment and cooperation. If any illegal or criminal activity is discovered, please report it to the public security authorities immediately.