The Zhitong Finance App learned that Yihe Holdings (00838) opened low in early trading and retreated higher. As of press release, it fell 9.46% to HK$2.01, with a turnover of HK$82.6511 million.

According to the news, Yihe Holdings clarified the publication in response to an article recently circulating on the Internet about the alleged content of a meeting held by four management members of several member companies of the group on November 8, 2021. The article pointed out that relevant participants in the conference discussed several performance goals of the Group, the current and expected business performance of the Group and its customers, and a number of strategic business development plans mainly formulated with the Group's business partners for the Group's auto parts business division. The announcement stated that the article was not authorized and verified by the board of directors, and that the content of the article did not accurately reflect the actual performance or operation of the group, nor did it represent the views of the board of directors.