Dear media, in recent times, many domestic and foreign media have published false reports and defamatory statements without confirming the facts with our company and fulfilling their investigative obligations. This has caused great damage to the reputation of our company and Mr. She Zhijiang. We believe that these reports are based on inaccurate information and we want to set the record straight. Therefore, we officially issue a statement to clarify the facts for the global public to know the truth and not to believe in rumors or false statements. The following are our official statements, and we reserve the right to pursue legal action against all false reports and malicious rumors.

1. Myanmar Yatai International Holding Group entered Myanmar in 2017 and obtained the Myanmar government’s MIC certification. We are a professional enterprise engaged in real estate development and urban construction, and we conduct legal real estate development in the Shwekoko Valley of Karen State, Myanmar in accordance with the country’s laws and regulations. (The attached picture is the company’s MIC certification as evidence)

(Myanmar MIC Certificate)2. The various terms mentioned in online videos, articles, and press releases, such as “KK Park” and “Crime heaven,” are completely unrelated to our company and the residents of the area. The zone developed by our company, “Yatai ” is a legally recognized zone approved by the Myanmar government. KK Park is not within our development range, and the two are completely unrelated. The accusation that Mr. She Zhijiang is the head of KK Park is not true and is a serious defamation that has caused him severe personal attacks and damage to his reputation. We strongly protest against this.3. Mr. She Zhijiang obtained Cambodian nationality in 2017 and has been doing business in various Southeast Asian countries in recent years. He officially revoked his Chinese nationality in 2019. We hereby provide evidence that Mr. She Zhijiang is a legal businessman committed to many charitable causes (as evidenced by the attached picture). We declare that Mr. She Zhijiang is no longer a Chinese citizen, and China’s request for extradition needs to be evaluated publicly. (Attached is the legal opinion notarized by the Xiamen Notary Public Office of Fujian Province, China, ondual nationality)

(The legal opinion notarized by the Xiamen Notary Public Office of Fujian Province, China, ondual nationality)4.

（In 2017, donated 20 million kyats to the people in the disaster-stricken areas of Myanmar）

（Donated 20 million pesos to the Confucius Institute in 2019）

（Donate 40 million kyats to Karen State in 2019）

(Attached is the proof of city upgrade) 5. The false reports that “Yatai is involved in various criminal activities along with other parks” are fabricated and have reached the level of slander and defamation of the law. All personnel who come to Yatai have full personal freedom and rights, and incidents such as extortion, kidnapping, and human trafficking have nothing to do with our company. We urge the general public, media, and self-media operators to immediately stop spreading false rumors and retract their impact. Otherwise, our company will resort to legal action to pursue their legal responsibilities.Sincerely,
Myanmar Yatai International Holding Group Company Limited, on March 28, 2023.