On the morning of June 8 Shenghong Technology said company staff were "unaware
of it" regarding circulating reports about senior management. The firm said it
has noted the information but the viral video and related material are unrelated
to its production and operations, do not constitute company-level matters, and
do not involve corporate governance, internal control or any disclosure
obligations; it added the matter will not affect daily operations, production is
normal and orders remain ample.