BC Technology Group (00863.HK) announced that the board of directors of the company noted the abnormal changes in the company's share price and trading volume today. After making reasonable inquiries about the relevant situation, the board of directors confirmed that it did not know of any reason that caused the abnormal changes. The board of directors also noted that Bloomberg had published a news report about the company on the Internet on October 16, 2023, claiming that the company was considering selling its virtual asset trading platform OSL business. The board of directors hereby clarifies that the content and statements of the report are not true and highly misleading.