Lianyou Metals (TPE:7610) refuted media reports linking it to a reported murder case involving a trader of tungsten, cobalt and other metals in Taiwan's Pingtung County, saying the incident was unrelated to the company.
The company said it has no business relationship, transactions or cooperation with the entity mentioned in media reports and that the incident has no impact on its operations, production, financial condition or business activities.
Lianyou issued the clarification after receiving inquiries from investors and business partners regarding the case.