On November 28th, Noah Wealth released a statement on the "Chengxing Case" through its official website, stating that the announcement was false. Noah made every effort to protect the rights and interests of investors in accordance with the law. On November 24th, the lawsuits filed by Shanghai Gefei Asset Management Co., Ltd. (hereinafter referred to as "Shanghai Gefei") and Shanghai Ziyan Automobile Rental Service Co., Ltd. (hereinafter referred to as "Ziyan Automobile") under Noah Wealth against Chengxing and JD.com were heard in the Shanghai Financial Court on the same day. This is another hearing of the case after its trial in March this year.