Beijing Bitmain: According to the current legal framework, our shareholder dispute will ultimately be attributed to the Cayman Islands

According to Bitmain's Weibo, Beijing Bitmain has always been operating normally and in accordance with the law. In response to some inappropriate remarks from the outside world recently, our company believes that relevant parties should adhere to the legal and moral bottom line and not involve customers, suppliers and company employees in any inappropriate demands and disputes.

According to the current legal framework, our shareholder dispute will ultimately be attributed to the Cayman Islands. However, due to the delay in responding to the lawsuit by the relevant parties, the Cayman Islands Bitmain voting rights dispute has not been resolved as soon as possible.

Therefore, our company calls on relevant parties not to continue delaying the Cayman litigation process and to allow the Bitmain shareholder dispute to come to a conclusion as soon as possible.