Recently, there have been reports in Taiwanese news regarding our company. Upon our investigation, we found that these reports are not based on facts. Our business is solely related to tourism and does not involve any illegal activities by any related companies or individuals. We have already engaged legal representation to address this matter. We have learned that on March 11th, the individuals associated with the implicated company in Taiwan were taken into custody by relevant authorities and have not been released since. This incident has no connection to our company. We believe that the relevant judicial authorities will ultimately uncover the truth and clarify any misconceptions. We hereby issue this statement and reserve all rights to pursue legal action against any malicious attempts to damage our reputation.

HONGKONG JOY TELECOM CO., LIMITED