Wuchan Zhongda Group issued a statement on media reports, stating that the company is currently verifying the situation with its subsidiary, Wuchan Zhongda International Trading Group Co., Ltd., regarding the company's copper product trading business which has attracted media attention recently. The above-mentioned matter involves an amount of approximately RMB 110 million, which is relatively small compared to the company's net income attributable to the parent and will not have a significant impact on the company's subsequent operation.
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