On August 20th, in response to rumors about Yishide and Ideal Automobile, officials from Ideal Automobile responded to the Shanghai Securities News that Ideal Automobile had never conducted any business negotiations or cooperation with Yishide Company. Ideal Automobile had already clarified the facts through an official statement from the Ministry of Justice on July 12th. Ideal Automobile will take relevant legal measures in response to the online rumors spread by Yishide Company.
Recently, a "solemn statement" from Yishide (Beijing) Medical Technology Co., Ltd. that circulated online stated: "Before signing a formal cooperation agreement with Ideal Automobile, no relevant publicity can be published. The intention was to compromise and deceive us into writing an apology letter, immediately taking down the relevant publicity. Ideal Automobile then used the apology letter to promote and maliciously defame Yishide Company. We strongly condemn the unethical behavior of Ideal Automobile and Li Xiang himself