Zhitong Finance App News, Elegant Optics (00907) issued an announcement. Xinying recently filed a claim (claim) in the amount of HK$576,000 against the company. According to Xinying, the former director, Mr. Huang Chuanghui, signed the letter of appointment on July 12, 2021. The Board of Directors wishes to clarify that none of the directors were aware of any such agreement, and that Mr. Huang Chuanghui never informed the board of directors about entering into a letter of appointment with Novelty Co., Ltd. Furthermore, the company has never confirmed any of the services provided by the novel in detail of the so-called appointment

After the alleged claim occurred, some people believed to be debt collectors contacted, harassed and threatened the director and the director's neighbors, including the mailing of yin paper and a stick of incense. Since these persons did not clearly identify themselves or state the entity they represented, although they issued invoices to the directors in connection with the alleged claims and requested the directors to contact Novelty, the Company hereby states that there is no clear evidence to establish any connection between these persons, the Claim and Novelty. Notably, apart from the claims, the company had no other questionable payables as of the date of this announcement.

The company is currently investigating the legality of the claim, the relevant agreement, and the representative of the debt collector. The board of directors takes this matter seriously and is committed to protecting the interests of the company and shareholders. The company has zero tolerance for any form of harassment or threat against directors, employees, or their families. Such acts are totally unacceptable, and the company has reported the case to the police to resolve the issue.

As of the date of this announcement, to the Board's knowledge, it was claimed that the claim would not have any impact on the Group's overall business operations.