According to news on May 26, Huobi founder Li Lin posted on social media regarding issues such as whether Huobi HK is related to Li Lin personally and Huobi App’s reuse of the word “Huobi”: · After October 8, 2022, he will not personally As a shareholder of Huobi, any subsequent business activities of Huobi have nothing to do with Li Lin personally. · According to the transaction agreement, Huobi prohibits the use of "Huobi" and "Huobi" brands in simplified and traditional Chinese (Huobi's Chinese name was changed to "Huobi"). · Please Huobi (Huobi) company immediately stop the infringement of using the Chinese "Huobi" and "Huobi". · Li Lin's relevant legal personnel will send a lawyer's letter to Huobi Company to urge it to stop the infringement. Later, it will be decided based on the situation whether to take further legal measures against Li Linfang to safeguard Li Linfang's legitimate rights and interests.