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Full Truck Alliance responds to short-seller report
The Fly

Full Truck Alliance responds to short-seller report

Full Truck Alliance issued a statement in response to a report issued by J Capital Research USA, a short seller, relating to the company on January 24. Statement highlights include: "The company firmly denies the allegations in the report that it has over-stated or falsified any operating or financial data. The company maintains the report contains numerous factual inaccuracies, false statements, unsupported speculations and flawed conclusions demonstrating a cursory and incomplete understanding of the company’s industry and business operations…The company is considering the appropriate course of action to protect the interests of all of its shareholders. The company stands by the accuracy of its financial and operating data and other information published by the company and filed with the U.S. Securities and Exchange Commission. The company emphasizes its continued and unwavering commitment to maintaining high standards of corporate governance and internal control, as well as transparent and timely disclosure in compliance with applicable rules and regulations".

Published first on TheFly

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