BEIJING, CHINA/July 6, 2021 — China's Leading Social MediaWeiboCompany (NASDAQ(Stock code: WB) took note of an article published by Reuters today saying that the company's chairman, Mr. Cao Guowei, and a state-owned investor are in negotiations to privatize the company. In response to the company's inquiry, Mr. Cao Guowei informed the company that the above information was untrue and that he had not discussed the company's privatization with anyone.
微博：有关公司私有化的传言不实
Weibo: Rumors about the privatization of companies are untrue
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